Free ONDS GEX - Live Ondas Gamma Exposure
Free ONDS GEX maps Ondas gamma exposure by strike. Choose expirations around drone systems, wireless networks or contract events, then generate the chart to compare net GEX, call wall, put wall and gamma flip.
How to use the ONDS GEX tool
Search ONDS
ONDS 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.
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
Key levels
ONDS GEX levels in detail
Data as of
Spot
$6.64
Call wall
$6.50
2.0% below spot
Put wall
$5.50
17.1% below spot
Gamma flip
$6.21
6.4% below spot
Net GEX
$1.7M
positive gamma
Largest gamma by strike
- $7 $616K
- $6.50 $540K
- $7.50 $467K
- $5.50 -$397K
- $8 $385K
Since the previous session (Oct 26)
- Spot up 7.3% ($6.19 to $6.64)
- Call wall $7 to $6.50
- Put wall $6 to $5.50
- Net GEX $196K to $1.7M
Reviewed by the QuantWheel research team. Modeled from listed ONDS options data; not observed dealer inventory and not a forecast. Read how we compute ONDS GEX levels.
Continue with ONDS options analysis
Try the GEX tools on sample tickers. No account needed.
$1 for 7 days • Cancel anytime • 14-day money-back guarantee
Want to compare strikes across expirations? View the ONDS GEX heatmap.
Understanding ONDS gamma exposure
Ondas Holdings operates in autonomous drone systems and private wireless networks, with a meaningful share of its opportunity in defense and government contracts. Because its revenue depends on contracts, ONDS gamma exposure changes in steps. A single award can reprice the stock, and positioning builds ahead of procurement decisions instead of on a regular schedule.
ONDS has a smaller options chain than the largest stocks and funds, so a limited number of strikes may account for much of the displayed exposure. Compare more than one expiration and review the underlying open interest before interpreting a wall. The ONDS call wall and gamma flip are modeled reference levels, not price objectives or precise regime boundaries.
New to the concept? Start with our guides to gamma in options and the options Greeks.
ONDS GEX methodology and limitations
QuantWheel calculates ONDS 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.
ONDS GEX FAQ
What is ONDS GEX?
ONDS GEX estimates gamma exposure across listed ONDS options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. ONDS GEX does not reveal actual dealer positions or predict where ONDS will trade.
How do I read the ONDS call wall and put wall?
QuantWheel labels the ONDS call wall as the strike with the largest positive modeled GEX and the ONDS put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the ONDS price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the ONDS gamma flip?
The ONDS gamma flip is the price where modeled net gamma crosses zero for the selected ONDS options data. Compare it with the current price and the shape of the strike chart. The ONDS gamma flip is a model output, not a trading signal.
Which expirations should I use for ONDS GEX?
Start with the nearest ONDS expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which ONDS contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the ONDS GEX calculator free?
Yes. You can run up to three free ONDS 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.