NDX Gamma Exposure (GEX)
NDX $27,740.79 · Updated Nov 10, 4:00 PM ET
NDX total dealer gamma exposure is -$618M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $27,854.54, with spot 0.4% below it. The call wall is $29,000.00 and the put wall $27,000.00.
TOTAL GEX
-$618M
All expirations, per 1% move
GAMMA FLIP
$27,854.54
+0.4%
CALL WALL
$29,000.00
+4.5%
PUT WALL
$27,000.00
-2.7%
NET GEX BY STRIKE
How this is calculated: Gamma Exposure (GEX) methodology · Gamma exposure explained