Free DJT GEX - Trump Media Gamma Exposure
Free DJT GEX maps Trump Media gamma exposure by strike. Select expirations around company or political news events, then generate the chart to compare net GEX, call wall, put wall and gamma flip.
How to use the DJT GEX tool
Search DJT
DJT 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 DJT GEX workspace
Add DJT Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Open GEX WorkspaceWant to compare strikes across expirations? View the DJT GEX heatmap.
Understanding DJT gamma exposure
DJT is the most politically reflexive options market in US equities. Its price has consistently tracked political sentiment and news cycles rather than revenue, which is minimal relative to its market capitalization, and its implied volatility runs among the highest of any liquid large-cap-sized name. Gamma exposure builds around political calendar events - debates, election milestones, legal rulings - rather than earnings.
New to the concept? Start with our guides to gamma in options and the options Greeks.
DJT GEX methodology and limitations
QuantWheel calculates DJT 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.
DJT GEX FAQ
What is DJT GEX?
DJT GEX estimates gamma exposure across listed DJT options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. DJT GEX does not reveal actual dealer positions or predict where DJT will trade.
How do I read the DJT call wall and put wall?
QuantWheel labels the DJT call wall as the strike with the largest positive modeled GEX and the DJT put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the DJT price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the DJT gamma flip?
The DJT gamma flip is the price where modeled net gamma crosses zero for the selected DJT options data. Compare it with the current price and the shape of the strike chart. The DJT gamma flip is a model output, not a trading signal.
Which expirations should I use for DJT GEX?
Start with the nearest DJT expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which DJT contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the DJT GEX calculator free?
Yes. You can run up to three free DJT 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.