AAPL GEX — Live Gamma Exposure
Live AAPL GEX levels for Apple Inc.: net gamma exposure, call wall, put wall, and the gamma flip level — plus a free interactive AAPL GEX chart.
The calculator below is pre-filled with AAPL — hit search to compute the latest gamma exposure by strike from live options data. Prefer strikes and expirations in one view? Open the AAPL GEX heatmap.
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What is Gamma Exposure (GEX)?
Gamma Exposure represents the sensitivity of an option's delta to changes in the underlying price. Market makers hedge their gamma exposure, creating support/resistance at high GEX strikes.
Key Levels:
- Call Wall: Strike with highest positive GEX (resistance)
- Put Wall: Strike with most negative GEX (support)
- Gamma Flip: Where total GEX changes from negative to positive
Positive GEX: Market makers sell into rallies, buy into dips (stabilizing).
Negative GEX: Market makers buy into rallies, sell into dips (amplifying moves).
Select a ticker and expiration date, then click Generate GEX to see the analysis
Understanding AAPL gamma exposure
AAPL is one of the most systematically traded options markets anywhere: covered-call funds, buy-write ETFs, and premium sellers give it a persistent supply of call gamma, which is why AAPL spends so much time in positive-gamma, low-volatility regimes. Its GEX profile tends to be stable, with a well-defined call wall that caps rallies during quiet periods and a put wall that steps up steadily during uptrends.
That stability makes regime breaks informative. When AAPL's net gamma flips negative — typically around earnings, product-cycle disappointments, or broad tech selloffs — the stock's usually muted intraday ranges expand quickly. AAPL pinning behavior into monthly OPEX is among the most reliable of any mega-cap, a product of its enormous, evenly distributed open interest.
New to the concept? Start with our guides to gamma in options and the options Greeks.
AAPL GEX FAQ
What is AAPL GEX (gamma exposure)?
AAPL GEX measures the aggregate gamma that options market makers carry across all AAPL strikes and expirations. When AAPL GEX is positive, dealer hedging dampens price moves (selling rallies, buying dips); when it is negative, hedging amplifies moves. It is calculated from open interest and each contract's gamma across the Apple Inc. options chain.
What is the AAPL call wall and put wall?
The AAPL call wall is the strike with the largest positive gamma exposure and often acts as resistance, while the AAPL put wall is the strike with the largest negative gamma exposure and often acts as support. As of the latest snapshot, the call wall is at $307.50, the put wall is at $290, the gamma flip level is near $293.34.
What is the AAPL gamma flip level?
The AAPL gamma flip (zero-gamma) level is the price where net dealer gamma crosses from positive to negative. Above it, market-maker hedging tends to suppress AAPL volatility; below it, the same hedging amplifies moves in both directions. The latest computed flip level is near $293.34.
How often is AAPL GEX data updated?
GEX levels on this page are recomputed from live options data throughout US market hours, and the interactive calculator below pulls fresh AAPL options chain data on demand. Open interest itself is published by OCC once daily before the open.
Is this AAPL GEX chart free?
Yes. The AAPL GEX levels on this page are free, and the interactive GEX calculator offers free daily lookups without an account. Creating a free QuantWheel account raises the daily limit, and the GEX Dashboard adds unlimited access, intraday tracking, and alerts.
Track AAPL GEX all day, automatically
The QuantWheel GEX Dashboard adds unlimited lookups, intraday gamma tracking, wall-movement alerts, and a multi-ticker workspace.
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