Free gamma exposure chart

Obelion publishes a free gamma exposure chart for SPX, SPY, QQQ and more than a hundred liquid stocks and ETFs. Each page shows GEX by strike, total net gamma, the gamma flip and the call and put walls, built from delayed options data from our partners. No account or credit card is needed to view them.

Open the SPX gamma exposure chart

What the chart shows

Each bar is the dollar gamma dealers hold at one strike, per 1% move in the underlying. Calls count as positive and puts as negative, the common convention that assumes customers buy calls and puts and dealers sell them.

The gamma flip is the price where total GEX changes sign. The call wall and put wall are the strikes with the largest call and put gamma on their own side of the current price. The methodology page lists every formula and data source.

How fresh the data is

The default source is a delayed options quote feed from our data partners. If it fails validation the server falls back to other partner feeds and says so. Expirations more than 180 days out are excluded, because they carry little gamma near the current price.

When you need more than the free pages

The public pages are a snapshot per ticker. Inside Obelion Terminal the same data drives a GEX chart that refreshes during the session, gamma levels drawn on the price chart, delta and vanna exposure, and a dashboard that tracks GEX across a whole watchlist.

Questions

Is the gamma exposure data real time?
No. The free pages use delayed quotes from our data partners. Users who connect their own market data API key in the terminal get data straight from that account.
Which tickers are covered?
Major indices and index ETFs (SPX, SPY, QQQ, NDX, IWM, RUT, VIX), sector and macro ETFs, and the most actively traded single stocks. The full list is on the options data page.
Why does GEX differ between sites?
Sites make different assumptions about who is long and short each contract, which expirations to include, and whether to use the feed's gamma or their own model. Compare the methodology before comparing numbers.

Related

For education only, not financial advice. See the disclaimer.

Free Gamma Exposure (GEX) Chart by Strike, No Sign-Up | Obelion