Free PPL GEX - Live PPL Gamma Exposure
Free PPL GEX shows where modeled gamma exposure is concentrated in PPL options. Change expirations to compare the call wall, put wall, gamma flip, and strike profile around power demand, regulation, fuel costs, and financing conditions.
How to use the PPL GEX tool
Search PPL
PPL 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
PPL GEX levels in detail
Data as of
Spot
$33.90
Call wall
$36
6.2% above spot
Put wall
$34
0.3% above spot
Gamma flip
$31.84
6.1% below spot
Net GEX
$85K
positive gamma
Largest gamma by strike
- $36 $45K
- $35 $15K
- $39 $14K
- $38 $9K
- $37 $6K
Since the previous session (Oct 6)
- Spot up 0.4% ($33.75 to $33.90)
- Call wall unchanged at $36
- Put wall $33 to $34
- Net GEX $81K to $85K
Reviewed by the QuantWheel research team. Modeled from listed PPL options data; not observed dealer inventory and not a forecast. Read how we compute PPL GEX levels.
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Understanding PPL gamma exposure
PPL provides options exposure to PPL, which operates in electric utilities. Earnings and shifts in power demand, regulation, fuel costs, and financing conditions can change option pricing and open interest. The GEX chart shows how modeled exposure is distributed for the contracts and expirations you include.
New to the concept? Start with our guides to gamma in options and the options Greeks.
PPL GEX methodology and limitations
QuantWheel calculates PPL 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.
PPL GEX FAQ
What is PPL GEX?
PPL GEX estimates gamma exposure across listed PPL options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. PPL GEX does not reveal actual dealer positions or predict where PPL will trade.
How do I read the PPL call wall and put wall?
QuantWheel labels the PPL call wall as the strike with the largest positive modeled GEX and the PPL put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the PPL price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the PPL gamma flip?
The PPL gamma flip is the price where modeled net gamma crosses zero for the selected PPL options data. Compare it with the current price and the shape of the strike chart. The PPL gamma flip is a model output, not a trading signal.
Which expirations should I use for PPL GEX?
Start with the nearest PPL expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which PPL contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the PPL GEX calculator free?
Yes. You can run up to three free PPL 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.