Free VICI GEX - Live Vici Properties Gamma Exposure
Review free VICI GEX for Vici Properties by selecting the expirations you want to study. The chart compares modeled net GEX, call wall, put wall, gamma flip, and strike concentrations related to occupancy, property demand, financing costs, and interest rates.
How to use the VICI GEX tool
Search VICI
VICI 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
VICI GEX levels in detail
Data as of
Spot
$24.09
Call wall
$25
3.8% above spot
Put wall
$25
3.8% above spot
Gamma flip
$26.96
11.9% above spot
Net GEX
-$103K
negative gamma
Largest gamma by strike
- $25 -$94K
- $27.50 $4K
- $22.50 -$719
- $30 $487
Since the previous session (Sep 18)
- Spot up 1.0% ($23.84 to $24.09)
- Call wall $27.50 to $25
- Put wall unchanged at $25
- Net GEX $59K to -$103K
Reviewed by the QuantWheel research team. Modeled from listed VICI options data; not observed dealer inventory and not a forecast. Read how we compute VICI GEX levels.
Build your VICI GEX workspace
Add VICI Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Want to compare strikes across expirations? View the VICI GEX heatmap.
Understanding VICI gamma exposure
The business exposure behind VICI includes hotel and resort reits. That connects the options chain with occupancy, property demand, financing costs, and interest rates. Compare the positive and negative GEX bars by strike instead of reading one wall without the rest of the selected profile.
New to the concept? Start with our guides to gamma in options and the options Greeks.
VICI GEX methodology and limitations
QuantWheel calculates VICI 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.
VICI GEX FAQ
What is VICI GEX?
VICI GEX estimates gamma exposure across listed VICI options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. VICI GEX does not reveal actual dealer positions or predict where VICI will trade.
How do I read the VICI call wall and put wall?
QuantWheel labels the VICI call wall as the strike with the largest positive modeled GEX and the VICI put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the VICI price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the VICI gamma flip?
The VICI gamma flip is the price where modeled net gamma crosses zero for the selected VICI options data. Compare it with the current price and the shape of the strike chart. The VICI gamma flip is a model output, not a trading signal.
Which expirations should I use for VICI GEX?
Start with the nearest VICI expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which VICI contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the VICI GEX calculator free?
Yes. You can run up to three free VICI 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.