Free AMAT GEX - Live Applied Materials Gamma Exposure
Free AMAT GEX shows where modeled gamma exposure is concentrated in Applied Materials options. Change expirations to compare the call wall, put wall, gamma flip, and strike profile around chip demand, product cycles, manufacturing capacity, and customer spending.
How to use the AMAT GEX tool
Search AMAT
AMAT 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
AMAT GEX levels in detail
Data as of
Spot
$539.56
Call wall
$540
0.1% above spot
Put wall
$540
0.1% above spot
Gamma flip
$480.32
11.0% below spot
Net GEX
$22K
positive gamma
Largest gamma by strike
- $540 $10K
- $537.50 $2K
- $550 $2K
- $530 $1K
- $555 $1K
Since the previous session (Oct 1)
- Spot up 2.1% ($528.30 to $539.56)
- Call wall $505 to $540
- Put wall $515 to $540
- Net GEX $19K to $22K
Reviewed by the QuantWheel research team. Modeled from listed AMAT options data; not observed dealer inventory and not a forecast. Read how we compute AMAT GEX levels.
Build your AMAT GEX workspace
Add AMAT Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Want to compare strikes across expirations? View the AMAT GEX heatmap.
Understanding AMAT gamma exposure
AMAT provides options exposure to Applied Materials, which operates in semiconductor materials and equipment. 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.
New to the concept? Start with our guides to gamma in options and the options Greeks.
AMAT GEX methodology and limitations
QuantWheel calculates AMAT 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.
AMAT GEX FAQ
What is AMAT GEX?
AMAT GEX estimates gamma exposure across listed AMAT options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. AMAT GEX does not reveal actual dealer positions or predict where AMAT will trade.
How do I read the AMAT call wall and put wall?
QuantWheel labels the AMAT call wall as the strike with the largest positive modeled GEX and the AMAT put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the AMAT price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the AMAT gamma flip?
The AMAT gamma flip is the price where modeled net gamma crosses zero for the selected AMAT options data. Compare it with the current price and the shape of the strike chart. The AMAT gamma flip is a model output, not a trading signal.
Which expirations should I use for AMAT GEX?
Start with the nearest AMAT expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which AMAT contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the AMAT GEX calculator free?
Yes. You can run up to three free AMAT 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.