GexVision

NVDA gamma levels

Zero Gamma, Call Wall, Put Wall and Max Gamma of the dealer positioning in NVIDIA stock options (NVDA), computed on the full option chain and refreshed every 5 minutes during the session.

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Yesterday's session, verifiable · 2026-10-02

The session opened with these levels (computed at 09:31 ET, before anything happened) and this is what price did.

Regime at the open: positive gamma
Call Wall240.00
Max Gamma235.00
Zero Gamma211.69
Put Wall230.00
close 233.91open 236.04low 233.60high 237.88CW 240.00MG 235.00ZG 211.69PW 230.00
Open 236.04High 237.88Low 233.60Close 233.910 Zero Gamma crosses
  • 09:30 Opened above Zero Gamma (24 pts over)
  • 16:00 Closed 1 pts below Max Gamma

Today's levels · 2026-10-05

Today's numbers are for subscribers: above you have YESTERDAY's full session so you can check whether the levels work, before paying anything.

  • Today's levels, refreshed every 5 minutes while the market is open
  • All 95 symbols, not just the ones on this page
  • On your own chart: TradingView, Bookmap, NinjaTrader or Sierra Chart
  • Alerts when price touches a wall or crosses Zero Gamma
Regime now: positive gamma · dampening

Zero Gamma

Where dealers' net gamma flips sign. Above it they dampen (buy dips, sell rips); below it they amplify.

Call Wall

The strike with the most call gamma above spot, within 3% of price: resistance and magnet; likely ceiling of the day's range.

Put Wall

The strike with the most put gamma below spot, within 3% of price: support; likely floor of the day's range.

Max Gamma

The strike with the largest absolute net gamma in the whole chain: the strongest pin, especially into expiration.

Frequently asked questions

What is Zero Gamma?

The price where dealers' net gamma flips sign. Above it they tend to dampen moves (positive gamma); below it they amplify them (negative gamma).

What are the Call Wall and the Put Wall?

The strike with the most call gamma above spot (likely ceiling of the range) and the strike with the most put gamma below (likely floor). Computed from the open interest of the whole chain.

What data are they computed from?

From CBOE's full option chain (~15-minute delayed data), Black-Scholes greeks with each contract's implied volatility and the industry-standard convention: dealers long calls, short puts. Descriptive levels, not investment advice.

Understand the levels

Descriptive levels of options positioning, computed from CBOE data ~15 minutes delayed. Not a recommendation or investment advice.