DIS GEX - Live Gamma Exposure
Live DIS GEX levels for The Walt Disney Company: net gamma exposure, call wall, put wall, and the gamma flip level — plus a free interactive DIS GEX chart.
The calculator below is pre-filled with DIS — hit search to compute the latest gamma exposure by strike from live options data. Prefer strikes and expirations in one view? Open the DIS 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 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
Understanding DIS gamma exposure
Disney's options market has to price three unrelated businesses at once - streaming subscriber economics, theme park attendance, and studio performance - and that breadth keeps implied volatility higher than a company of its maturity would otherwise carry. DIS gamma exposure builds into quarterly earnings, where any one of the three segments can drive the reaction, and the resulting uncertainty produces a wider call/put wall spread than most large-cap consumer names.
Between reports DIS behaves conventionally: positive gamma, meaningful covered-call flow, and a call wall that caps rallies during periods when the market is willing to pay for the turnaround story. The stock has also been subject to activist campaigns and succession questions, which occasionally build gamma in expirations with no scheduled catalyst. Read the gamma flip level as a sentiment marker on the media transition - DIS below flip has generally coincided with the market losing patience with streaming profitability timelines.
New to the concept? Start with our guides to gamma in options and the options Greeks.
DIS GEX FAQ
What is DIS GEX (gamma exposure)?
DIS GEX measures the aggregate gamma that options market makers carry across all DIS strikes and expirations. When DIS 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 The Walt Disney Company options chain.
What is the DIS call wall and put wall?
The DIS call wall is the strike with the largest positive gamma exposure and often acts as resistance, while the DIS 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 $101, the put wall is at $96, the gamma flip level is near $95.69.
What is the DIS gamma flip level?
The DIS 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 DIS volatility; below it, the same hedging amplifies moves in both directions. The latest computed flip level is near $95.69.
How often is DIS 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 DIS options chain data on demand. Open interest itself is published by OCC once daily before the open.
Is this DIS GEX chart free?
Yes. The DIS 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.
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