Free AMC GEX - AMC Gamma Exposure
Free AMC GEX maps AMC gamma exposure by strike. Choose expirations around film exhibition, financing or company events, then generate the chart to compare net GEX, call wall, put wall and gamma flip.
How to use the AMC GEX tool
Search AMC
AMC 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 SandboxGEX Workspace
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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
Build your AMC GEX workspace
Add AMC Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Open GEX WorkspaceWant to compare strikes across expirations? View the AMC GEX heatmap.
Understanding AMC gamma exposure
AMC's options market has to be read with its capital structure in mind. Years of equity issuance, an APE unit conversion and a reverse split have repeatedly reset the share count, so gamma levels from previous cycles do not translate, and the stock now trades at a low nominal price with dense strike spacing. What has not changed is the composition of the flow: AMC remains one of the most heavily retail-traded options chains in the market.
AMC options can attract speculative call and put activity around financing, film demand, and company events. Use the call wall and put wall to identify the largest modeled exposures in the selected chain, then compare single-expiration and combined views. These levels are model outputs, not ceilings or price targets.
New to the concept? Start with our guides to gamma in options and the options Greeks.
AMC GEX methodology and limitations
QuantWheel calculates AMC 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.
AMC GEX FAQ
What is AMC GEX?
AMC GEX estimates gamma exposure across listed AMC options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. AMC GEX does not reveal actual dealer positions or predict where AMC will trade.
How do I read the AMC call wall and put wall?
QuantWheel labels the AMC call wall as the strike with the largest positive modeled GEX and the AMC put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the AMC price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the AMC gamma flip?
The AMC gamma flip is the price where modeled net gamma crosses zero for the selected AMC options data. Compare it with the current price and the shape of the strike chart. The AMC gamma flip is a model output, not a trading signal.
Which expirations should I use for AMC GEX?
Start with the nearest AMC expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which AMC contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the AMC GEX calculator free?
Yes. You can run up to three free AMC GEX calculations per day on the public tool. After using those calculations, continue for free in the GEX Sandbox. Check the current QuantWheel pricing page for plan access details.