Free IT GEX - Live Gartner Gamma Exposure
Use free IT GEX to compare modeled gamma exposure by strike for Gartner. Choose one or more expirations, then review the call wall, put wall, gamma flip, and exposure in the context of technology demand, product cycles, capital spending, and company guidance.
How to use the IT GEX tool
Search IT
IT 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
IT GEX levels in detail
Data as of
Spot
$187.90
Call wall
$190
1.1% above spot
Put wall
$185
1.5% below spot
Gamma flip
$218.13
16.1% above spot
Net GEX
-$1K
negative gamma
Largest gamma by strike
- $185 -$574
- $190 -$189
- $175 -$171
- $195 -$105
- $220 $67
Since the previous session (Sep 24)
- Spot up 4.8% ($179.32 to $187.90)
- Call wall unchanged at $190
- Put wall unchanged at $185
- Net GEX -$1K to -$1K
Reviewed by the QuantWheel research team. Modeled from listed IT options data; not observed dealer inventory and not a forecast. Read how we compute IT GEX levels.
Build your IT GEX workspace
Add IT Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding IT gamma exposure
IT provides options exposure to Gartner, which operates in it consulting and other services. Earnings and shifts in technology demand, product cycles, capital spending, and company guidance 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.
IT GEX methodology and limitations
QuantWheel calculates IT 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.
IT GEX FAQ
What is IT GEX?
IT GEX estimates gamma exposure across listed IT options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. IT GEX does not reveal actual dealer positions or predict where IT will trade.
How do I read the IT call wall and put wall?
QuantWheel labels the IT call wall as the strike with the largest positive modeled GEX and the IT put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the IT price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the IT gamma flip?
The IT gamma flip is the price where modeled net gamma crosses zero for the selected IT options data. Compare it with the current price and the shape of the strike chart. The IT gamma flip is a model output, not a trading signal.
Which expirations should I use for IT GEX?
Start with the nearest IT expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which IT contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the IT GEX calculator free?
Yes. You can run up to three free IT 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.