Free ETR GEX - Live Entergy Gamma Exposure
Explore free ETR GEX for Entergy 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 power demand, regulation, fuel costs, and financing conditions.
How to use the ETR GEX tool
Search ETR
ETR 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 SandboxWhat 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
ETR GEX levels in detail
Data as of
Spot
$102.01
Call wall
$125
22.5% above spot
Put wall
$100
2.0% below spot
Gamma flip
$92.19
9.6% below spot
Net GEX
$15K
positive gamma
Largest gamma by strike
- $110 $7K
- $125 $3K
- $115 $2K
- $100 -$2K
- $120 $2K
Since the previous session (Sep 17)
- Spot down 1.3% ($103.35 to $102.01)
- Call wall $110 to $125
- Put wall $105 to $100
- Net GEX $7K to $15K
Reviewed by the QuantWheel research team. Modeled from listed ETR options data; not observed dealer inventory and not a forecast. Read how we compute ETR GEX levels.
Build your ETR GEX workspace
Add ETR Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Want to compare strikes across expirations? View the ETR GEX heatmap.
Understanding ETR gamma exposure
The ETR options chain represents Entergy and its exposure to power demand, regulation, fuel costs, and financing conditions. Its GICS classification is Electric Utilities. 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.
ETR GEX methodology and limitations
QuantWheel calculates ETR 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.
ETR GEX FAQ
What is ETR GEX?
ETR GEX estimates gamma exposure across listed ETR options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. ETR GEX does not reveal actual dealer positions or predict where ETR will trade.
How do I read the ETR call wall and put wall?
QuantWheel labels the ETR call wall as the strike with the largest positive modeled GEX and the ETR put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the ETR price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the ETR gamma flip?
The ETR gamma flip is the price where modeled net gamma crosses zero for the selected ETR options data. Compare it with the current price and the shape of the strike chart. The ETR gamma flip is a model output, not a trading signal.
Which expirations should I use for ETR GEX?
Start with the nearest ETR expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which ETR contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the ETR GEX calculator free?
Yes. You can run up to three free ETR GEX calculations per day on the public tool. After using those calculations, continue for free in the GEX Sandbox. Check the current QuantWheel pricing page for plan access details.