OptionScout
Gamma Exposure (GEX)

The dealers'
map of the day.
Now you read it too.

Every option position has to be hedged. The aggregate of those hedges shapes how the tape moves. GEX shows you the levels where dealers buy, sell, or pin — so you trade with the flow, not against the wall.

See today's GEX — free →How GEX works →
60s
refresh rate
8
headline metrics
100%
live data
Any
US ticker
Call Wall · Put Wall

Mechanical support & resistance.

Strikes where dealers hold the most positive or negative gamma act as price magnets. The Call Wall is where dealers aggressively hedge by selling rallies — the ceiling the market has to fight through. The Put Wall is the floor they defend by buying dips.

  • Highest net positive GEX = Call Wall (resistance)
  • Most negative net GEX = Put Wall (support)
  • Toggleable as horizontal lines on the price chart
  • Highlighted in the strike table with colored borders
Strike Detail — SPY
665+$58M−$12M
660+$420M−$23M
CW
655+$195M−$48M
650+$80M−$182M
645+$22M−$240M
640+$11M−$372M
PW
Cumulative Net GEX — Gamma Flip
$640↑ Gamma Flip · $654$670
Gamma flip

The volatility pivot most traders ignore.

Above the flip, dealer hedging dampens moves and the market grinds. Below it, hedging amplifies moves and price action accelerates. Crossing the flip from above is one of the cleanest regime-change signals in options markets.

Our gamma flip is computed via linear interpolation across the exact strike where cumulative net GEX crosses zero — not just rounded to the nearest strike.

Strike × Expiration heatmap

See the whole term structure at once.

Every strike and every expiration in one diverging-color grid. Green clusters are positive GEX concentrations (support). Red clusters are negative GEX (acceleration zones). Hover any cell for exact net GEX, OI, and volume.

  • Diverging emerald / red color scale
  • Sticky row + column headers
  • Auto-saturates to the visible window
  • Respects the same Focus filter as the table
GEX Heatmap — SPY
Strike
4/7
4/8
4/9
4/10
4/14
4/15
4/16
4/17
665
660
655
650
645
640
635
Candlestick + Walls — SPY 1d
Call Wall 660Flip 654Put Wall 640
call wallγ flipput wall
Chart overlays

The map sits on top of your chart.

Toggle Call Wall, Put Wall, and Gamma Flip as horizontal lines directly on the price chart. They update live with the same 60-second cadence as the rest of the kit — so you're always trading against today's map, not yesterday's.

Pair it with the strike table and the heatmap on the same screen for a complete read.

Common questions

Questions, answered plainly.

Trade with the flow.
Not against the wall.

Live GEX on every US ticker, refreshed every 60 seconds. Free to start, no credit card.

See today's GEX — free → How GEX works