Free CPRT GEX - Live Copart Gamma Exposure
Free CPRT GEX helps you examine modeled Copart gamma exposure by strike. Select one or more expirations to compare net GEX, the call wall, the put wall, and the gamma flip around orders, production, capital spending, and end-market demand.
How to use the CPRT GEX tool
Search CPRT
CPRT 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
CPRT GEX levels in detail
Data as of
Spot
$26.56
Call wall
$27.50
3.5% above spot
Put wall
$27.50
3.5% above spot
Gamma flip
$24.84
6.5% below spot
Net GEX
$40K
positive gamma
Largest gamma by strike
- $27.50 $26K
- $30 $7K
- $32.50 $5K
- $25 -$3K
- $35 $2K
Since the previous session (Oct 9)
- Spot down 3.0% ($27.38 to $26.56)
- Call wall unchanged at $27.50
- Put wall unchanged at $27.50
- Net GEX $49K to $40K
Reviewed by the QuantWheel research team. Modeled from listed CPRT options data; not observed dealer inventory and not a forecast. Read how we compute CPRT GEX levels.
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Want to compare strikes across expirations? View the CPRT GEX heatmap.
Understanding CPRT gamma exposure
The CPRT chart organizes QuantWheel's modeled Copart gamma exposure by strike. Compare positive and negative bars across the selected expirations before interpreting the call wall, put wall or gamma flip.
Use the CPRT profile to identify where the selected model is concentrated and how it changes when expirations change. The result describes the options data included in the calculation and is not a forecast or standalone trading signal.
New to the concept? Start with our guides to gamma in options and the options Greeks.
CPRT GEX methodology and limitations
QuantWheel calculates CPRT 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.
CPRT GEX FAQ
What is CPRT GEX?
CPRT GEX estimates gamma exposure across listed CPRT options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. CPRT GEX does not reveal actual dealer positions or predict where CPRT will trade.
How do I read the CPRT call wall and put wall?
QuantWheel labels the CPRT call wall as the strike with the largest positive modeled GEX and the CPRT put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the CPRT price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the CPRT gamma flip?
The CPRT gamma flip is the price where modeled net gamma crosses zero for the selected CPRT options data. Compare it with the current price and the shape of the strike chart. The CPRT gamma flip is a model output, not a trading signal.
Which expirations should I use for CPRT GEX?
Start with the nearest CPRT expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which CPRT contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the CPRT GEX calculator free?
Yes. You can run up to three free CPRT 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.