LITE GEX - Live Gamma Exposure
Live LITE GEX levels for Lumentum Holdings Inc.: net gamma exposure, call wall, put wall, and the gamma flip level — plus a free interactive LITE GEX chart.
The calculator below is pre-filled with LITE — hit search to compute the latest gamma exposure by strike from live options data. Prefer strikes and expirations in one view? Open the LITE 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 LITE gamma exposure
Lumentum makes the lasers and optical components that move data between AI accelerators, which turned a formerly cyclical telecom-equipment supplier into one of the more volatile ways to trade datacenter buildout. LITE's gamma exposure reflects that reinvention: implied volatility runs high, open interest concentrates in near-dated contracts, and the chain is thin enough that a moderate burst of call buying visibly shifts the whole gamma profile.
The thinness is the thing to understand before trading these levels. Because LITE's options market is a fraction of the size of the large-cap chip names, dealer hedging represents a larger share of the stock's actual daily volume, which makes gamma squeezes both more frequent and more violent here. The call wall functions as a genuine target during optical-demand rallies, while the gamma flip level is best treated as a volatility switch: below it, LITE's already-wide daily ranges widen further.
New to the concept? Start with our guides to gamma in options and the options Greeks.
LITE GEX FAQ
What is LITE GEX (gamma exposure)?
LITE GEX measures the aggregate gamma that options market makers carry across all LITE strikes and expirations. When LITE 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 Lumentum Holdings Inc. options chain.
What is the LITE call wall and put wall?
The LITE call wall is the strike with the largest positive gamma exposure and often acts as resistance, while the LITE 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 $800, the put wall is at $600, the gamma flip level is near $758.66.
What is the LITE gamma flip level?
The LITE 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 LITE volatility; below it, the same hedging amplifies moves in both directions. The latest computed flip level is near $758.66.
How often is LITE 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 LITE options chain data on demand. Open interest itself is published by OCC once daily before the open.
Is this LITE GEX chart free?
Yes. The LITE 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.
Track LITE GEX all day, automatically
The QuantWheel GEX Dashboard adds unlimited lookups, intraday gamma tracking, wall-movement alerts, and a multi-ticker workspace.
Open the GEX Dashboard