File: SBACReal EstateCLIPPED · 2026-06-30

SBAC

SBA Communications

Sector benchmark XLRE

176.46

−1.7%

±6.9%into Jul 17167.10–191.90±6.9%monthly167.10–191.90Pullback · —Knife · —Momentum · —DP short-vol · 48% ▴ above 20d

Price · 6 months · dailyprice50-day200-day

Option levels

6m high222.41

6m low164.16

Vol vs 20d avg1.2×

Off 52-wk high-24.5%

Dark pool FINRA · T+1

Short-vol ratio48% · above 20d

Off-exchange share36%

vs own 1-yr (z)-1.1

full dark-pool history →

Sector RS vs XLRE

−4.5%vs XLRE · 63 sessions

SBAC vs XLRE · 3m−4.5%

SBAC vs XLRE · 6m−15.2%

ratio of closes, rebased — a relative read, not a peer percentile

Gamma profile CBOE delayed

Call wall185.00

Zero-gamma177.50

Put wall175.00

Spot vs zero-γ0.6% below

Dealer posturelong gamma · dampens moves

nearest expiry 2026-07-17 · heuristics · full profile →

Auto-note //Sitting below zero-gamma (177.50) — dealer hedging chases moves below it. The 185.00 call wall is the nearest-expiry ceiling heuristic; 175.00 is the floor. Options price ±6.9% into Jul 17. Dark-pool short volume at 48% and above vs its 20-day.

Composed from the nightly pipelines — every panel degrades independently when its dataset is missing. Heuristics labeled as heuristics; not investment advice.