Free ETN GEX Heatmap - Eaton Gamma Exposure
Use free ETN GEX Heatmap to compare modeled gamma exposure across strikes and expirations for Eaton. Generate the grid, then review call wall, put wall, gamma flip and expiration structure alongside business context that includes orders, production, capital spending, and end-market demand.
How to use the ETN GEX Heatmap
Confirm ETN
ETN 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.
Visualize gamma exposure across strike prices and expirations. Green = positive (call-heavy), purple = negative (put-heavy).
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Key levels
ETN GEX heatmap levels in detail
Data as of
Spot
$371.81
Call wall
$397.50
6.9% above spot
Put wall
$340
8.6% below spot
Gamma flip
$343.86
7.5% below spot
Net GEX
$25K
positive gamma
Since the previous session (Oct 29)
- Spot down 4.4% ($388.99 to $371.81)
- Call wall unchanged at $397.50
- Put wall unchanged at $340
- Net GEX $43K to $25K
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 ETN options data; not observed dealer inventory and not a forecast. Read how we compute ETN GEX heatmap levels.
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Understanding the ETN GEX heatmap
The ETN options chain represents Eaton. Evaluate its open-interest distribution alongside business context that includes orders, production, capital spending, and end-market demand. Use the heatmap to compare modeled exposure by strike and expiration instead of reading one cell without the surrounding grid.
For ETN, 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 Eaton will trade.
ETN Heatmap methodology and limitations
The grid applies the selected formula to available ETN 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 ETN 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 ETN GEX chart.
ETN GEX heatmap FAQ
What is a ETN GEX heatmap?
A ETN 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 ETN GEX heatmap?
Start with strikes near the ETN 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 ETN 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 ETN call wall, put wall and gamma flip modeled?
QuantWheel derives the displayed ETN 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 ETN GEX heatmap different from the ETN GEX chart?
The ETN heatmap separates modeled exposure by strike and expiration. The ETN 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 ETN GEX heatmap free?
Yes. QuantWheel provides a limited number of free ETN GEX heatmap calculations. The tool shows the remaining free uses before you generate another heatmap.