META GEX — Live Gamma Exposure
Live META GEX levels for Meta Platforms, Inc.: net gamma exposure, call wall, put wall, and the gamma flip level — plus a free interactive META GEX chart.
The calculator below is pre-filled with META — hit search to compute the latest gamma exposure by strike from live options data. Prefer strikes and expirations in one view? Open the META GEX heatmap.
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Strike-level gamma by expiration
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Options pain strike by expiration
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 most negative GEX (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 META gamma exposure
META has produced some of the largest single-day earnings moves of any mega-cap, and its options market prices that history: gamma stacks aggressively into earnings expirations, and the gap risk keeps dealers cautious about carrying short-gamma inventory. META's GEX profile therefore resets more dramatically around earnings than almost any comparable name — walls that mattered for a month can become irrelevant overnight.
In trending phases, META exhibits strong gamma-momentum interaction: sustained rallies build call walls that the stock repeatedly grinds through, each breakout forcing dealer re-hedging that adds to the move. The gamma flip level is the swing trader's reference — META below flip has historically produced some of the fastest drawdowns in big tech.
New to the concept? Start with our guides to gamma in options and the options Greeks.
META GEX FAQ
What is META GEX (gamma exposure)?
META GEX measures the aggregate gamma that options market makers carry across all META strikes and expirations. When META 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 Meta Platforms, Inc. options chain.
What is the META call wall and put wall?
The META call wall is the strike with the largest positive gamma exposure and often acts as resistance, while the META 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 $630, the put wall is at $552.50, the gamma flip level is near $589.92.
What is the META gamma flip level?
The META 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 META volatility; below it, the same hedging amplifies moves in both directions. The latest computed flip level is near $589.92.
How often is META 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 META options chain data on demand. Open interest itself is published by OCC once daily before the open.
Is this META GEX chart free?
Yes. The META 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 META GEX all day, automatically
The QuantWheel GEX Dashboard adds unlimited lookups, intraday gamma tracking, wall-movement alerts, and a multi-ticker workspace.
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