Levels · 2026 · October · 16
NQ and gold GEX levels for October 16, 2026
The option-positioning levels that were on the desk before the New York open on , for Nasdaq-100 and gold futures, kept exactly as they were computed.
01 / The pre-open run
What the chain said before the open
Read at 08:00 New York time, before the cash open. The fourth column is the part no page about the current session can carry: what each level did against the previous session in the archive.
Nasdaq-100 futures · NQ · one tick = 0.25 points per tick
| Level | Price | Distance from the contract | Change from the previous archived session |
|---|---|---|---|
| Contract at the run | 30,070.00NQ index points | —this is the reference price | +209.00index points since the previous archived run |
| Call wall | 31,430.00NQ index points | +1,360.00index points · 5,440 ticks · 0.25 points per tick | −32.00index points · 128 ticks |
| Gamma flip | 30,402.00NQ index points | +332.00index points · 1,328 ticks · 0.25 points per tick | +136.00index points · 544 ticks |
| Put wall | 28,949.00NQ index points | −1,121.00index points · 4,484 ticks · 0.25 points per tick | −857.00index points · 3,428 ticks |
| Peak gamma strike | 28,949.00NQ index points | −1,121.00index points · 4,484 ticks · 0.25 points per tick | −857.00index points · 3,428 ticks |
| Max pain | 29,983.00NQ index points | −87.00index points · 348 ticks · 0.25 points per tick | −154.00index points · 616 ticks |
| Regime | Negative gammastate of dealer hedging, not a direction | —a state, not a distance | Unchangedsame as the previous archived session |
Derived from listed QQQ option positioning · all levels within the plausible band
Gold futures · GC · one tick = 0.10 dollars per tick
| Level | Price | Distance from the contract | Change from the previous archived session |
|---|---|---|---|
| Contract at the run | 4,198.00US dollars per ounce | —this is the reference price | +26.00dollars per ounce since the previous archived run |
| Call wall | 4,938.00US dollars per ounce | +740.00dollars per ounce · 7,400 ticks · 0.10 dollars per tick | +29.00dollars per ounce · 290 ticks |
| Gamma flip | 4,133.00US dollars per ounce | −65.00dollars per ounce · 650 ticks · 0.10 dollars per tick | +6.00dollars per ounce · 60 ticks |
| Put wall | 3,676.00US dollars per ounce | −522.00dollars per ounce · 5,220 ticks · 0.10 dollars per tick | +22.00dollars per ounce · 220 ticks |
| Peak gamma strike | 4,938.00US dollars per ounce | +740.00dollars per ounce · 7,400 ticks · 0.10 dollars per tick | +29.00dollars per ounce · 290 ticks |
| Max pain | 4,280.00US dollars per ounce | +82.00dollars per ounce · 820 ticks · 0.10 dollars per tick | +26.00dollars per ounce · 260 ticks |
| Regime | Positive gammastate of dealer hedging, not a direction | —a state, not a distance | Unchangedsame as the previous archived session |
Derived from listed GLD option positioning · all levels within the plausible band
02 / Later runs
The same session, read again at 11:00 and 14:00
Positioning moves during a session; these are the later reads of the same chain
| Contract and run | Gamma flip | Call wall | Put wall |
|---|---|---|---|
| NQ · 11:00 ET | 30,339.00NQ index points | 31,490.00NQ index points | 29,833.00NQ index points |
| NQ · 14:00 ET | 30,058.00NQ index points | 31,454.00NQ index points | 29,384.00NQ index points |
| GC · 11:00 ET | 4,140.00US dollars per ounce | 4,933.00US dollars per ounce | 3,673.00US dollars per ounce |
| GC · 14:00 ET | 4,146.00US dollars per ounce | 4,932.00US dollars per ounce | 4,165.00US dollars per ounce |
Three runs, three timestamps taken from the data files themselves. None of them was recorded while the session was open to the reader.
03 / The episode
What was said that morning
No episode was recorded for this session. The episodes that do exist are on the market prep page.
04 / Provenance
Where these numbers came from
Every level on this page is a strike of a listed option chain, converted to the futures contract with the ratio between the two at the moment of the run. The mechanism, and what it cannot do, is on the page that explains these levels. What the archive holds, which sessions are missing from it and why, is on the record. If you want the method the zones come from, it is the paid course.
- Nasdaq-100 futures
- ratio 41.356 NQ index points per 1.00 US dollar of QQQ; QQQ at 727.10 US dollars; 1.53 puts per call; net gamma exposure -6.66B.
- Gold futures
- ratio 10.974 US dollars per ounce per 1.00 US dollar of GLD; GLD at 382.49 US dollars; 0.51 puts per call; net gamma exposure 607.78M.
- Archived from
- The run of , kept as computed and not revised since.
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