Owl Mastery
Create free account

FANG gamma exposure levels

Diamondback Energy · Levels for the close

178.08 -0.09 (-0.05%) Close · Nov 10, 2026

As of the Nov 10, 2026 close, Diamondback Energy (FANG) has call resistance (call wall) and gamma wall at $220.00 and the HVL and put support (put wall) at $180.00, with an expected one-day range of $174.07 to $182.09.

FANG levels for the Nov 10, 2026 close
LevelPriceFrom close
Call resistance (call wall) and gamma wall220.00+23.54%
1-day range high182.09+2.25%
HVL and put support (put wall)180.00+1.08%
Close178.08
1-day range low174.07-2.25%

Owl Mastery computes these levels after each US close from that day's options open interest. How these levels are computed

FANG closed below the HVL and put support (put wall) at $180.00, which sits 1.08% above the close. Put support is where a decline may slow, and a close below it may come with faster moves. FANG closed below the HVL and put support (put wall) at $180.00, which sits 1.08% above the close. Below the HVL, net gamma exposure is negative on balance, which may mean larger moves.

RSI (14) is 33.1, down from 36.5 at the start of its last 30 daily readings. It is Neutral, between 30 and 70. FANG closed 8.6% below its 50-day average, the mean of its last 50 closes.

FANG signals

SignalValueReading
RSI (14)33.1Neutral
vs 50D average-8.6%Below
Volatility (20D)40.7%
From 52W high-17.9%

The signals use daily closes up to Nov 10, 2026.

FANG performance

PeriodSinceChange
1MOct 12, 2026-8.73%
3MAug 10, 2026-10.01%
6MMay 11, 2026-8.21%
YTDJan 2, 2026+18.89%
1YNov 10, 2025+26.01%
5YNov 10, 2021+104.48%

FANG key stats

Open175.17
High180.28
Low172.19
Previous close178.17
Volume1.6M
Avg volume (20D)2.1M
52-week high216.90
52-week low137.07

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.

How to read gamma levels

FANG questions

Where is FANG's call wall today?

As of the Nov 10, 2026 close, FANG's call resistance (call wall) is at $220.00, 23.54% above the close. It is the strike with the largest net gamma exposure. It shares that strike with the gamma wall.

Call walls and put walls explained

Where is FANG's put wall today?

As of the Nov 10, 2026 close, FANG's put support (put wall) is at $180.00, 1.08% above the close. It is the strike with the most negative net gamma exposure. It shares that strike with the HVL.

Call walls and put walls explained

What is FANG's HVL?

As of the Nov 10, 2026 close, FANG's HVL (high volatility level) is $180.00, 1.08% above the close. It is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest. It shares that strike with put support.

HVL, gamma flip and zero gamma compared

Is FANG above or below its HVL?

FANG closed below its HVL of $180.00 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.

Positive and negative gamma explained

What is FANG's expected one-day range?

As of the Nov 10, 2026 close, FANG's expected one-day range is $174.07 to $182.09. 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.

The expected move explained

What is FANG's RSI today?

As of the Nov 10, 2026 close, FANG's RSI (14) is 33.1, which reads Neutral. RSI reads Overbought at 70 or more and Oversold at 30 or less.

RSI explained