Free F GEX - Ford Gamma Exposure
Free F GEX maps Ford gamma exposure by strike. Choose expirations around earnings, vehicle demand or electric vehicle updates, then generate the chart to compare net GEX, call wall, put wall and gamma flip.
How to use the F GEX tool
Search F
F 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 F GEX workspace
Add F Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Open GEX WorkspaceWant to compare strikes across expirations? View the F GEX heatmap.
Understanding F gamma exposure
Ford trades in the low double digits, which makes its options among the cheapest in the S&P 500 and gives its gamma exposure a distinctly retail character despite the company's industrial profile. Dollar and fifty-cent strike spacing packs open interest into an extremely narrow band, so the call wall and put wall usually sit within a dollar of spot and are tested constantly. Pins into weekly expiration are pronounced for exactly this reason.
The fundamental drivers are the ones you would expect - vehicle pricing, EV program losses, warranty costs, and the dividend - but the gamma behavior is shaped more by the strike density than by any of them. Because so much open interest sits within a couple of dollars of the price, small moves reshuffle which strike dominates the gamma profile. The gamma flip level is worth watching around dividend announcements, since Ford's income-focused shareholder base makes yield news a genuine catalyst here in a way it is not for most industrials.
New to the concept? Start with our guides to gamma in options and the options Greeks.
F GEX methodology and limitations
QuantWheel calculates F 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.
F GEX FAQ
What is F GEX?
F GEX estimates gamma exposure across listed F options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. F GEX does not reveal actual dealer positions or predict where F will trade.
How do I read the F call wall and put wall?
QuantWheel labels the F call wall as the strike with the largest positive modeled GEX and the F put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the F price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the F gamma flip?
The F gamma flip is the price where modeled net gamma crosses zero for the selected F options data. Compare it with the current price and the shape of the strike chart. The F gamma flip is a model output, not a trading signal.
Which expirations should I use for F GEX?
Start with the nearest F expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which F contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the F GEX calculator free?
Yes. You can run up to three free F 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.