Free LMT GEX - Live Lockheed Martin Gamma Exposure
Explore free LMT GEX for Lockheed Martin 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 aircraft or defense demand, production, contracts, and government spending.
How to use the LMT GEX tool
Search LMT
LMT 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
LMT GEX levels in detail
Data as of
Spot
$517.82
Call wall
$565
9.1% above spot
Put wall
$475
8.3% below spot
Gamma flip
$529.84
2.3% above spot
Net GEX
-$3K
negative gamma
Largest gamma by strike
- $517.50 -$1K
- $515 -$1K
- $475 -$863
- $510 -$763
- $500 -$659
Since the previous session (Sep 24)
- Spot down 1.1% ($523.41 to $517.82)
- Call wall $535 to $565
- Put wall $520 to $475
- Net GEX -$4K to -$3K
Reviewed by the QuantWheel research team. Modeled from listed LMT options data; not observed dealer inventory and not a forecast. Read how we compute LMT GEX levels.
Build your LMT GEX workspace
Add LMT Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding LMT gamma exposure
Lockheed Martin operates in aerospace and defense, so its options may reflect earnings alongside changes in aircraft or defense demand, production, contracts, and government spending. Review the full LMT strike profile, including both positive and negative modeled exposure, before interpreting the displayed walls.
New to the concept? Start with our guides to gamma in options and the options Greeks.
LMT GEX methodology and limitations
QuantWheel calculates LMT 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.
LMT GEX FAQ
What is LMT GEX?
LMT GEX estimates gamma exposure across listed LMT options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. LMT GEX does not reveal actual dealer positions or predict where LMT will trade.
How do I read the LMT call wall and put wall?
QuantWheel labels the LMT call wall as the strike with the largest positive modeled GEX and the LMT put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the LMT price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the LMT gamma flip?
The LMT gamma flip is the price where modeled net gamma crosses zero for the selected LMT options data. Compare it with the current price and the shape of the strike chart. The LMT gamma flip is a model output, not a trading signal.
Which expirations should I use for LMT GEX?
Start with the nearest LMT expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which LMT contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the LMT GEX calculator free?
Yes. You can run up to three free LMT 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.