Gamma Levels Pro — Dealer Hedging Map
Plots the options dealer gamma profile directly on your chart: the Gamma Flip, Call Walls, Put Walls, and net Gamma Exposure zones — the exact levels market makers are forced to defend or unwind at.
Shown on TradingView — SPX 15-min
Core Features
- Live Gamma Flip line — the level where dealer hedging flips from stabilizing to destabilizing
- Call Wall & Put Wall detection — highest gamma strikes that pin or reject price
- Net GEX regime indicator (positive = mean-reverting, negative = trend-amplifying)
- Auto-updated daily from end-of-day options OI data
- Covers SPX, ES, NDX, NQ, QQQ, SPY, IWM
- Available on TradingView and NinjaTrader
FLIP
Regime change line — vol expands below, compresses above
CALL WALL
Upside magnet/ceiling where dealers sell into strength
PUT WALL
Downside magnet/floor where dealers buy into weakness
Why Gamma Moves Price
Options dealers run delta-neutral books. When the street is net-long gamma, dealers buy dips and sell rips — price mean-reverts toward the gamma-max strike and vol compresses. When the street flips net-short gamma, dealers do the opposite: sell weakness, chase strength — and vol explodes.
That's not theory — it's mechanical hedging flow that moves billions per day. If you're trading SPX, ES, or NQ without knowing where the Gamma Flip sits and which Wall is closest, you're reading the map upside down.
Pair Gamma Levels Pro with Expected Move MTF and you get both the range (EM) and the forcing function inside that range (GEX). It's the closest thing to seeing dealer flow without an institutional terminal.
Get Gamma Levels Pro
Choose your plan
All sales are final - I can cancel anytime and will retain access until the end of the current billing period.
Haumana — includes Gamma Levels Pro and more. Get all indicators + alerts + community.