Free APO GEX Heatmap - Apollo Gamma Exposure
Use free APO GEX Heatmap to compare modeled gamma exposure across strikes and expirations for Apollo. Generate the grid, then review call wall, put wall, gamma flip and expiration structure alongside business context that includes market levels, asset flows, fee rates, and investment activity.
What is a GEX Heatmap?
A GEX heatmap shows net gamma exposure across many strikes and expiration dates in one color-coded grid. Each cell is the net gamma at one strike for one expiration.
Cell Colors:
- Green: Positive gamma (call-dominated strikes)
- Purple: Negative gamma (put-dominated strikes)
- Stronger color means more gamma at that point
Key Levels:
- Call Wall: Strike with highest positive GEX (resistance)
- Put Wall: Strike with the largest put GEX (support)
- Gamma Flip: Where total GEX changes from negative to positive
Enter a ticker to generate the GEX heatmap
Displays net gamma exposure per $1 move for each strike across expiration dates
How to use the APO GEX Heatmap
Confirm APO
APO is already entered. Keep it or search another ticker.
Choose the formula
Keep the default formula or select the available calculation view.
Generate the Heatmap
Create the grid, then compare exposure across strikes and expirations.
Key levels
APO GEX heatmap levels in detail
Data as of
Spot
$121.99
Call wall
$125
2.5% above spot
Put wall
$115
5.7% below spot
Gamma flip
$124.66
2.2% above spot
Net GEX
-$455
negative gamma
Since the previous session (Nov 12)
- Spot up 3.6% ($117.75 to $121.99)
- Call wall $140 to $125
- Put wall unchanged at $115
- Net GEX -$67K to -$455
These are the levels across every expiration in the latest snapshot. The heatmap below breaks the same exposure out strike by strike and expiration by expiration, so you can see which expiry carries each level.
Reviewed by the QuantWheel research team. Modeled from listed APO options data; not observed dealer inventory and not a forecast. Read how we compute APO GEX heatmap levels.
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Understanding the APO GEX heatmap
The APO options chain represents Apollo. Evaluate its open-interest distribution alongside business context that includes market levels, asset flows, fee rates, and investment activity. Use the heatmap to compare modeled exposure by strike and expiration instead of reading one cell without the surrounding grid.
For APO, compare nearby expiration columns with later expirations before interpreting the call wall, put wall or gamma flip. Changes in open interest and included contracts can alter the modeled grid. The result describes selected options data and does not predict where Apollo will trade.
APO Heatmap methodology and limitations
The grid applies the selected formula to available APO options data and organizes the modeled result by strike and expiration. The call wall, put wall and gamma flip summarize that model across the displayed data.
The heatmap does not observe market-maker positions, identify who owns a contract or predict the next APO move. Use it as positioning context and compare the model with price, liquidity and your own risk plan.
Prefer a strike-level chart? Open the APO GEX chart.
APO GEX heatmap FAQ
What is a APO GEX heatmap?
A APO GEX heatmap is a grid of QuantWheel's modeled gamma exposure. Rows represent strikes, columns represent expirations, and color intensity represents the direction and relative size of the modeled exposure in each cell.
How do I read the APO GEX heatmap?
Start with strikes near the APO price, then compare the nearest expiration columns with later expirations. Read down one column to examine one expiration and across one row to see whether modeled exposure at a strike appears in several expirations.
What do the APO GEX heatmap colors show?
Green cells show positive modeled net gamma and purple cells show negative modeled net gamma. Stronger color indicates a larger modeled value. The colors describe the calculation and are not guaranteed bullish, bearish, support, or resistance signals.
How are the APO call wall, put wall and gamma flip modeled?
QuantWheel derives the displayed APO levels from the selected formula and available options data. The call wall marks the largest positive modeled exposure, the put wall marks the largest negative modeled exposure, and the gamma flip estimates where aggregate modeled gamma changes sign.
How is the APO GEX heatmap different from the APO GEX chart?
The APO heatmap separates modeled exposure by strike and expiration. The APO GEX chart provides a strike-level profile in a chart view. Use the heatmap when the expiration breakdown matters and the chart when you want a simpler strike profile.
Is the APO GEX heatmap free?
Yes. QuantWheel provides a limited number of free APO GEX heatmap calculations. The tool shows the remaining free uses before you generate another heatmap.