Brookfield Wealth Solutions Ltd. (BNT) Gamma Exposure

Net dealer gamma exposure in Brookfield Wealth Solutions Ltd. (BNT) options is -$1.65M — dealers are net short gamma. Gamma exposure (GEX) estimates how much market makers must re-hedge as BNT moves. This page maps that exposure strike by strike, marks the gamma flip level, and explains what the hedging pressure means for price behavior in plain English.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$33.72
52-week range
$32.59 – $59.06
ATM IV (30d)
191.4%
IV rank
100 / 100
High
Expected move
±$8.94 (±26.5%)
Put/call OI
5.74
Put-heavy
Max pain
$45
↑ 33.5% above close

BNT Gamma Exposure by Strike

-$1M-$604K$0$604K$1MCall GEXPut GEXCumulative GEXSpotGamma flip303540

BNT call GEX (green, above) and put GEX (red, below) by strike, with the cumulative net GEX line (blue). The line crosses zero at the gamma flip level — where net dealer positioning switches from stabilising to amplifying.

Net gamma exposure (GEX)-$1.65M
Gamma flip level$25
Net delta exposure-4.35K
Total call open interest43
Total put open interest247

Net dealer gamma exposure is -$1.65M. When dealers are short gamma they buy into rallies and sell into declines to stay hedged, which can amplify price swings. The gamma flip level — where cumulative dealer gamma crosses zero — sits at $25, 25.8% below the last close; crossing it would flip the hedging regime. The single largest gamma concentration sits at the $40 strike, which often acts as a magnet or barrier while dealers hedge around it.

BNT Net GEX History

-$3M-$2M-$1M-$534K$252KFeb '26May '26Jul '26

BNT net dealer gamma exposure, past year.

Net dealer gamma exposure has fallen from -$62.2K in Feb '26 to -$1.7M today.

Explore the payoff profile of option on BNT for free

Build multi-leg BNT strategies, visualize payoffs, and scan the full US options universe with OptiView.

BNT Options FAQ

What is BNT's gamma exposure (GEX) today?

BNT's net dealer gamma exposure is -$1.65M as of Jul 10, 2026. Negative GEX means dealer hedging trades with the market — buying rallies and selling declines — which can amplify swings.

What is BNT's gamma flip level?

BNT's gamma flip level is $25 as of Jul 10, 2026. It is the price where cumulative dealer gamma crosses zero: above it dealers are net long gamma (stabilizing hedging), below it they are net short gamma (destabilizing hedging).

How is BNT gamma exposure calculated?

OptiView multiplies each open BNT contract's gamma by its open interest, contract size, and the square of the share price, counting calls as positive and puts as negative dealer exposure. Summing across all strikes and expirations gives net GEX; the per-strike breakdown is shown in the chart above.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.