Free MS GEX - Live Morgan Stanley Gamma Exposure
Free MS GEX helps you examine modeled Morgan Stanley gamma exposure by strike. Select one or more expirations to compare net GEX, the call wall, the put wall, and the gamma flip around deal activity, trading volumes, market levels, and capital raising.
How to use the MS GEX tool
Search MS
MS 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
MS GEX levels in detail
Data as of
Spot
$185.36
Call wall
$195
5.2% above spot
Put wall
$185
0.2% below spot
Gamma flip
$197.58
6.6% above spot
Net GEX
-$82K
negative gamma
Largest gamma by strike
- $185 -$33K
- $190 -$15K
- $187.50 -$7K
- $180 -$6K
- $175 -$4K
Since the previous session (Sep 30)
- Spot down 1.6% ($188.37 to $185.36)
- Call wall $210 to $195
- Put wall unchanged at $185
- Net GEX -$49K to -$82K
Reviewed by the QuantWheel research team. Modeled from listed MS options data; not observed dealer inventory and not a forecast. Read how we compute MS GEX levels.
Build your MS GEX workspace
Add MS Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding MS gamma exposure
The MS options chain represents Morgan Stanley and its exposure to deal activity, trading volumes, market levels, and capital raising. Its GICS classification is Investment Banking and Brokerage. 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.
MS GEX methodology and limitations
QuantWheel calculates MS 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.
MS GEX FAQ
What is MS GEX?
MS GEX estimates gamma exposure across listed MS options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. MS GEX does not reveal actual dealer positions or predict where MS will trade.
How do I read the MS call wall and put wall?
QuantWheel labels the MS call wall as the strike with the largest positive modeled GEX and the MS put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the MS price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the MS gamma flip?
The MS gamma flip is the price where modeled net gamma crosses zero for the selected MS options data. Compare it with the current price and the shape of the strike chart. The MS gamma flip is a model output, not a trading signal.
Which expirations should I use for MS GEX?
Start with the nearest MS expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which MS contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the MS GEX calculator free?
Yes. You can run up to three free MS 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.