Gamma Exposure (GEX) also known as Gamma Levels, measures the change in delta exposure for options based on changes in the underlying price. Gamma exposure highlights important price levels where there is significant gamma based on market positioning and open interest.

View the latest SPY options gamma exposure (GEX) and delta exposure (DEX) data on Unusual Whales. GEX and DEX are key indicators for determining upwards and downwards pressure on the underlying stock price.

Gamma Exposure (GEX) is a dollar-denominated measure of option market-makers' hedging obligations. When GEX is high, the option market is implying that volatility will be low. When GEX is low, volatility is high, and while we expect a choppy market, further losses are unlikely.

Our website offers free access to GEX information for a wide range of financial instruments, including: Major indices such as the S&P 500; Popular ETFs like SPY and QQQ; Leading technology and blue-chip stocks

Traders can leverage tools like the Net Gamma Exposure tool on the Spyder Academy platform to read near real-time gamma positioning in the market. This provides a deeper understanding of structural flows, offering valuable insights into the market’s …

Dec 28, 2023 · What Is GEX (Gamma Exposure)? Gamma exposure, commonly called GEX, measures the change in delta exposure for options based on a 1% change in the underlying price. Delta exposure represents the option market’s directional exposure to the underlying asset.

What is Gamma Exposure (GEX)? An explanation of what Gamma Exposure is and how it can be used. Market makers quote two-sided markets to provide liquidity and depth to the markets. Market makers can delta hedge to reduce any directional risk that they may have.

View SPY: SPDR S&P 500 Option Gamma Exposure (GEX) Chart.

Apr 4, 2025 · This page shows the gamma exposure for SPY / SPDR S&P 500 ETF Trust. The Gamma Exposure (GEX) is a measure that shows how exposed options dealers and market makers are to movements in the share price of an underlying security.

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