DARDEN RESTAURANTS INC (DRI) Gamma Exposure

Net dealer gamma exposure in DARDEN RESTAURANTS INC (DRI) options is -$192.07M — dealers are net short gamma. Gamma exposure (GEX) estimates how much market makers must re-hedge as DRI 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 Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$196.70
52-week range
$169.19 – $228.49
ATM IV (30d)
26.0%
IV rank
63 / 100
Moderate
Expected move
±$7.08 (±3.6%)
Put/call OI
0.86
Max pain
$210
↑ 6.8% above close
Next earnings
Mar 21, 2027

Chat with OptAI about DRI


DRI Gamma Exposure by Strike

-$364M-$182M$0$182M$364MCall GEXPut GEXCumulative GEXSpot150160170180190200220240

DRI 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)-$192.07M
Net delta exposure-176.12K
Total call open interest10,816
Total put open interest9,277

Net dealer gamma exposure is -$192.07M. When dealers are short gamma they buy into rallies and sell into declines to stay hedged, which can amplify price swings. The single largest gamma concentration sits at the $195 strike, which often acts as a magnet or barrier while dealers hedge around it.

DRI Net GEX History

-$420M-$133M$154M$441M$728MFeb '26Jun '26Oct '26

DRI net dealer gamma exposure, past year.

Net dealer gamma exposure has fallen from $2.2M in Feb '26 to -$192.1M today.

Explore the payoff profile of option on DRI for free

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

DRI Options FAQ

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

DRI's net dealer gamma exposure is -$192.07M as of Oct 9, 2026. Negative GEX means dealer hedging trades with the market — buying rallies and selling declines — which can amplify swings.

How is DRI gamma exposure calculated?

OptiView multiplies each open DRI 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.