Free AFL GEX - Live Aflac Gamma Exposure
Use free AFL GEX to compare modeled gamma exposure by strike for Aflac. Choose one or more expirations, then review the call wall, put wall, gamma flip, and exposure in the context of underwriting, claims, pricing, and investment income.
How to use the AFL GEX tool
Search AFL
AFL 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.
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 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
AFL GEX levels in detail
Data as of
Spot
$115.22
Call wall
$115
0.2% below spot
Put wall
$115
0.2% below spot
Gamma flip
$115.05
0.1% below spot
Net GEX
$22K
positive gamma
Largest gamma by strike
- $115 $5K
- $125 $4K
- $120 $3K
- $116 $2K
- $117 $2K
Since the previous session (Oct 7)
- Spot up 2.8% ($112.10 to $115.22)
- Call wall unchanged at $115
- Put wall unchanged at $115
- Net GEX $14K to $22K
Reviewed by the QuantWheel research team. Modeled from listed AFL options data; not observed dealer inventory and not a forecast. Read how we compute AFL GEX levels.
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Understanding AFL gamma exposure
The AFL options chain represents Aflac and its exposure to underwriting, claims, pricing, and investment income. Its GICS classification is Life and Health Insurance. Use the chart to identify where modeled exposure is concentrated and whether that concentration is consistent across expiration choices.
New to the concept? Start with our guides to gamma in options and the options Greeks.
AFL GEX methodology and limitations
QuantWheel calculates AFL 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.
AFL GEX FAQ
What is AFL GEX?
AFL GEX estimates gamma exposure across listed AFL options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. AFL GEX does not reveal actual dealer positions or predict where AFL will trade.
How do I read the AFL call wall and put wall?
QuantWheel labels the AFL call wall as the strike with the largest positive modeled GEX and the AFL put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the AFL price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the AFL gamma flip?
The AFL gamma flip is the price where modeled net gamma crosses zero for the selected AFL options data. Compare it with the current price and the shape of the strike chart. The AFL gamma flip is a model output, not a trading signal.
Which expirations should I use for AFL GEX?
Start with the nearest AFL expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which AFL contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the AFL GEX calculator free?
Yes. You can run up to three free AFL 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.