Dealer gamma levels: call wall, gamma flip and put wall
The Levels view marks where options dealer hedging is most likely to matter for the session: the call wall, the gamma flip, the put wall, the high and low gamma zones, net GEX and the dealer regime. The levels are recomputed every fifteen minutes through the US session.
How traders read them
- Call wall: the strike where dealer hedging most often acts as resistance.
- Put wall: the strike where it most often acts as support.
- Gamma flip: the price where total dealer gamma changes sign. Above it hedging tends to damp moves, below it hedging can make them larger.
Each set of levels comes with a Pine Script you can copy to draw the same lines on your own TradingView chart. They are context to read, not signals or predictions. See also the GEX Terminal page.
Questions people ask
- Which plan includes dealer gamma levels?
- Assistant and Agent. Market movers and the news wire are open on every plan.