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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.

TickerSpotExpected moveMax painGamma wallsGamma flipP/C OIAs of
$SPY741.75±0.9%7377457407507510.9807:03 PM ET
$QQQ722.98±1.4%7107207257407231.5107:03 PM ET
$IWM292.95±1.2%2773002952822603.1307:03 PM ET
$EEM67.88±4.3%62706865701.6907:03 PM ET
$GS1064.40±3.5%96511001120106010551.3607:03 PM ET
$MU989.60±10.4%5001000105011009651.2107:03 PM ET
$NVDA205.42±1.9%1872102152002050.9609:19 AM ET
$RIO106.00±3.6%901151051101050.8607:03 PM ET
$SNDK1994.95±10.4%125020001850250018801.5007:03 PM ET
$TSLA406.06±3.3%380420450415200.6607:03 PM ET
$UNH408.68±2.8%3404004104204000.5607:03 PM 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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