Gamma Exposure
End-of-day naive gamma exposure across every strike and expiry on the board. Where options are concentrated, which strikes stand out, and how that’s distributed across expirations.
Reading it
A horizontal profile plotting gamma by strike. Blue is calls, red is puts. The box in the top left gives you the key levels:
- Call Wall Major
- — heaviest call concentration
- Call Wall Minor
- — second heaviest
- Put Wall Major
- — heaviest put concentration
- Put Wall Minor
- — second heaviest
PREV CLOSE is marked on the chart so you can see where price sits relative to the structure.
Controls
- Ticker box + Go
- — change symbol
- GEX dropdown
- — the exposure type
- Net dropdown
- — net, or calls and puts separately
- EXP
- — pick an expiration, including 0DTE
- Chart
- — toggle the view
GEX-RAY VS GAMMA EXPOSURE
GEX-Ray is live and intraday. Gamma Exposure is the end-of-day picture. One tells you what the session is building, the other tells you the map going in.