Today's options levels

Gamma walls, max pain and expected moves for the indexes and the most active whale-flow tickers. Free, recomputed every 30 minutes from the full option chain.

Most Active Options↓ by volume · since open
Spot Price
$288.89
Expected Move
±0.7%
±$2.16 · 2026-09-14
Max Pain
$290
+0.4% vs spot
Gamma Flip
P/C OI Ratio
2.25
856KC / 1.9MP
Updated As Of
10:31 AM ET
1,000 contracts
Gamma Market RegimeNeutral Regime
Intraday Bias: Neutral

Gamma levels are balanced. Monitor price action around key strikes.

Call / Put Open Interest Sentiment

P/C Ratio: 2.25
Calls: 30.7% (856K)Puts: 69.3% (1.9M)

Gamma Exposure Profile by Strike

GEX Heatmap by Expiration

Put-heavyCall-heavyPut-heavy
Strike
Sep 14
2d
Sep 15
3d
Sep 16
4d
Sep 17
5d
Sep 18
6d
Sep 21
9d
$297
$1.7M
−$452.8K
$8.0K
−$334.5K
−$157.2K
$110.2K
$296
$194.7K
−$1.2M
$54.6K
$69.5K
$4.8M
$96.6K
$295
$470.5K
$2.6M
$302.1K
$510.4K
−$14.1M
$542.9K
$294
$1.7M
−$1.0M
−$431.6K
$101.2K
−$938.0K
$1.5M
$293
$2.6M
$579.1K
−$486.4K
$97.7K
−$28.3M
$57.5K
$292
$3.2M
$296.3K
$460.2K
−$83.3K
$2.2M
$237.5K
$291
−$7.2M
−$680.9K
−$588.8K
$141.4K
−$7.3M
$107.2K
$290
−$2.4M
−$627.0K
$159.6K
$124.5K
−$82.3M
$329.0K
$289
$1.6M
−$1.4M
−$3.8M
−$32.2K
−$67.5M
$309.2K
$288
−$26.1M
−$929.9K
−$1.1M
$326.4K
−$100.3M
$592.5K
$287
−$2.1M
−$1.5M
−$901.1K
$148.5K
−$33.8M
$506.2K
$286
−$281.5K
−$895.4K
−$1.1M
−$871.8K
−$102.5M
$322.8K
$285
−$14.6M
−$4.2M
−$893.1K
−$801.9K
−$83.8M
$175.4K
$284
−$576.1K
−$8.9M
−$1.3M
−$2.0M
−$84.6M
$130.2K
$283
−$430.3K
−$381.7K
−$208.7K
−$980.0K
−$74.5M
$0.0
$282
−$3.2M
−$157.3K
−$215.5K
−$804.1K
−$50.9M
$0.0
$281
−$127.3K
−$76.3K
−$293.5K
−$326.7K
−$12.0M
$0.0
spot rowShowing 17 of 124 strikes around spot ·

Expected Moves by Expiry

2026-09-14
±0.7% (±$2.16)
2026-09-15
±1.1% (±$3.06)
2026-09-16
±1.6% (±$4.57)

Top Gamma Walls (Support & Resistance)

$288Put Wall
Net Gamma:−$127.5M
-0.3% vs spot
$286Put Wall
Net Gamma:−$105.4M
-1.0% vs spot
$285Put Wall
Net Gamma:−$104.1M
-1.3% vs spot

Whale Flow Bias

Intraday institutional call vs put accumulation ratio

No intraday whale history yet for this ticker (data accrues during active market hours).

Informational only — not financial advice. Directional bias is derived from observed whale options activity and can be wrong.

Informational only — not financial advice. Directional bias is derived from observed whale options activity and can be wrong.

Options Levels Overview

TickerSpotExpected moveMax painGamma wallsGamma flipP/C OIAs of
$SPY764.29±0.5%7607607657707751.7610:31 AM ET
$QQQ714.89±0.7%7117207057227202.0310:31 AM ET
$IWM288.89±0.7%2902882862852.2510:31 AM ET

Methodology

  • Gamma walls — strikes with the largest gamma exposure: Black-Scholes gamma × open interest × 100 × spot, summed per strike, calls counted positive and puts negative (naive dealer-positioning assumption — we do not have real dealer flow). Green = net positive (price magnet/support), red = net negative (accelerant).
  • Gamma flip — strike where cumulative gamma exposure changes sign.
  • Max pain — strike minimizing the total intrinsic payout of all open contracts at expiry.
  • Expected move — at-the-money straddle price of the nearest expiry, as a percent of spot.
  • Tickers: SPY, QQQ, IWM plus the top 10 by whale-flow activity today. Full option chain (all open interest, not just today's trades), recomputed every 30 minutes.

Informational only — not financial advice. These are mechanical computations from public option-chain data and can be wrong or stale.

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