All articles

GEX-Ray

GEX-Ray reads where options are transacting through the day and maps it to potential support and resistance on the chart. It updates live, so the levels are the ones this session is building, not yesterday’s.

What you’re looking at

A price chart with horizontal levels drawn across it, and a gamma histogram on the right showing exposure by strike.

Call Wall (blue)
 — can act as resistance
Put Wall (red)
 — can act as support

Net, +GEX and -GEX at the bottom give you the session’s totals.

Controls

Minor
 — show minor levels alongside the majors
Vol
 — volume view
Profile
 — the gamma profile

LEVELS REDRAW AS THE DAY MOVES

That’s the point — you’re trading against where options are actually transacting right now.