BEN gamma exposure levels
Franklin Resources · Levels for the close
36.29 +0.42 (+1.17%) Close · Nov 10, 2026
As of the Nov 10, 2026 close, Franklin Resources (BEN) has call resistance (call wall) and gamma wall at $35.00, the HVL at $28.00, and put support (put wall) at $20.00, with an expected one-day range of $35.61 to $36.97.
| Level | Price | From close |
|---|---|---|
| 1-day range high | 36.97 | +1.87% |
| Close | 36.29 | |
| 1-day range low | 35.61 | -1.87% |
| Call resistance (call wall) and gamma wall | 35.00 | -3.55% |
| HVL | 28.00 | -22.84% |
| Put support (put wall) | 20.00 | -44.89% |
Owl Mastery computes these levels after each US close from that day's options open interest. How these levels are computed
BEN closed above call resistance (call wall) and gamma wall at $35.00, which sits 3.55% below the close. Call resistance is where a rally may stall. BEN closed above the HVL at $28.00, which sits 22.84% below the close. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves.
RSI (14) is 69.4, up from 40.3 at the start of its last 30 daily readings. It is Neutral, between 30 and 70. BEN closed 11.6% above its 50-day average, the mean of its last 50 closes. BEN closed 1.4% below its 52-week high, the highest high of the last 252 sessions.
BEN signals
| Signal | Value | Reading |
|---|---|---|
| RSI (14) | 69.4 | Neutral |
| vs 50D average | +11.6% | Above |
| Volatility (20D) | 41.7% | |
| From 52W high | -1.4% |
The signals use daily closes up to Nov 10, 2026.
BEN performance
| Period | Since | Change |
|---|---|---|
| 1M | Oct 12, 2026 | +14.08% |
| 3M | Aug 10, 2026 | +9.37% |
| 6M | May 11, 2026 | +17.36% |
| YTD | Jan 2, 2026 | +57.85% |
| 1Y | Nov 10, 2025 | +69.12% |
| 5Y | Nov 10, 2021 | +32.94% |
BEN key stats
| Open | 35.85 |
|---|---|
| High | 36.79 |
| Low | 35.60 |
| Previous close | 35.87 |
| Volume | 3.9M |
| Avg volume (20D) | 4.1M |
| 52-week high | 36.79 |
| 52-week low | 20.12 |
What these levels mean
Call resistance (call wall) is the strike with the largest net gamma exposure. Put support (put wall) is the strike with the most negative net gamma exposure. Call resistance is also the gamma wall, the strike with the largest gamma times open interest, puts counted as negative, so the two names mark one strike.
The HVL is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves. Below it, net gamma exposure is negative on balance, which may mean larger moves. The 1-day range, the expected move, is the close plus or minus a one-day move at IV30, the implied volatility of the listed expiry closest to 30 trading days out.
BEN questions
Where is BEN's call wall today?
As of the Nov 10, 2026 close, BEN's call resistance (call wall) is at $35.00, 3.55% below the close. It is the strike with the largest net gamma exposure. It shares that strike with the gamma wall.
Where is BEN's put wall today?
As of the Nov 10, 2026 close, BEN's put support (put wall) is at $20.00, 44.89% below the close. It is the strike with the most negative net gamma exposure.
What is BEN's HVL?
As of the Nov 10, 2026 close, BEN's HVL (high volatility level) is $28.00, 22.84% below the close. It is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest.
Is BEN above or below its HVL?
BEN closed above its HVL of $28.00 on Nov 10, 2026. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves. Below it, net gamma exposure is negative on balance, which may mean larger moves.
What is BEN's expected one-day range?
As of the Nov 10, 2026 close, BEN's expected one-day range is $35.61 to $36.97. It is the close plus or minus close × IV30 / √252, where IV30 is the implied volatility of the listed expiry closest to 30 trading days out.
What is BEN's RSI today?
As of the Nov 10, 2026 close, BEN's RSI (14) is 69.4, which reads Neutral. RSI reads Overbought at 70 or more and Oversold at 30 or less.