Free ADI GEX - Live Analog Devices Gamma Exposure
Explore free ADI GEX for Analog Devices across the expirations you select. Use the strike chart to compare modeled net exposure, call and put walls, and the gamma flip in the context of chip demand, product cycles, manufacturing capacity, and customer spending.
How to use the ADI GEX tool
Search ADI
ADI is already entered. Keep it or enter another ticker, then select Search.
Select expirations
Choose one or more expiration dates to include.
Generate GEX
Select Generate GEX to view the chart and key levels.
Run up to 3 free GEX calculations per day. Need more?
Continue for free in the GEX demoWhat 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 the largest put GEX, shown as the deepest negative bar (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
Key levels
ADI GEX levels in detail
Data as of
Spot
$393.60
Call wall
$395
0.4% above spot
Put wall
$350
11.1% below spot
Gamma flip
$348.01
11.6% below spot
Net GEX
$14K
positive gamma
Largest gamma by strike
- $400 $3K
- $395 $3K
- $390 $3K
- $380 $2K
- $392.50 $2K
Since the previous session (Sep 24)
- Spot up 3.3% ($381.10 to $393.60)
- Call wall $380 to $395
- Put wall $365 to $350
- Net GEX $16K to $14K
Reviewed by the QuantWheel research team. Modeled from listed ADI options data; not observed dealer inventory and not a forecast. Read how we compute ADI GEX levels.
Build your ADI GEX workspace
Add ADI Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding ADI gamma exposure
ADI provides options exposure to Analog Devices, which operates in semiconductors. Earnings and shifts in chip demand, product cycles, manufacturing capacity, and customer spending can change option pricing and open interest. The GEX chart shows how modeled exposure is distributed for the contracts and expirations you include.
For ADI, compare a single expiration with a combined view before interpreting the call wall, put wall, or gamma flip. Changes in open interest and the contracts selected can shift the modeled profile. These levels describe the selected options data and do not predict where Analog Devices will trade.
New to the concept? Start with our guides to gamma in options and the options Greeks.
ADI GEX methodology and limitations
QuantWheel calculates ADI GEX from the selected expirations, available options data and the formula displayed in the calculator. The result summarizes modeled gamma exposure by strike.
GEX is a model output, not observed dealer inventory or a price forecast. Open interest does not identify who owns an option, and the displayed call wall, put wall and gamma flip can change when the inputs or selected expirations change.
ADI GEX FAQ
What is ADI GEX?
ADI GEX estimates gamma exposure across listed ADI options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. ADI GEX does not reveal actual dealer positions or predict where ADI will trade.
How do I read the ADI call wall and put wall?
QuantWheel labels the ADI call wall as the strike with the largest positive modeled GEX and the ADI put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the ADI price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the ADI gamma flip?
The ADI gamma flip is the price where modeled net gamma crosses zero for the selected ADI options data. Compare it with the current price and the shape of the strike chart. The ADI gamma flip is a model output, not a trading signal.
Which expirations should I use for ADI GEX?
Start with the nearest ADI expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which ADI contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the ADI GEX calculator free?
Yes. You can run up to three free ADI GEX calculations per day on the public tool. After using those calculations, continue for free in the GEX demo. Check the current QuantWheel pricing page for plan access details.