Free GOOG GEX - Google Gamma Exposure
Free GOOG GEX maps Google gamma exposure in the separate Class C options chain. Select expirations around earnings or company events, then generate the chart to compare GOOG net GEX, call wall, put wall and gamma flip.
How to use the GOOG GEX tool
Search GOOG
GOOG 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 GOOG GEX workspace
Add GOOG Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Open GEX WorkspaceWant to compare strikes across expirations? View the GOOG GEX heatmap.
Understanding GOOG gamma exposure
GOOG and GOOGL are claims on the same company, separated only by voting rights: Class C shares carry none, Class A carry one vote each. The two trade within pennies of one another, but their options markets are genuinely distinct, and GOOG's is the thinner of the pair. That thinness is what makes its gamma exposure worth tracking separately - the same dollar of open interest represents a larger share of the chain, so individual strikes carry proportionally more hedging weight.
GOOG and GOOGL represent different Alphabet share classes, and their options chains can show similar but not identical open-interest distributions. Compare the two GEX pages when you want to see whether modeled strike concentrations line up. A difference can reflect contracts and positioning in each chain, not a directional signal about Alphabet.
New to the concept? Start with our guides to gamma in options and the options Greeks.
GOOG GEX methodology and limitations
QuantWheel calculates GOOG 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.
GOOG GEX FAQ
What is GOOG GEX?
GOOG GEX estimates gamma exposure across listed GOOG options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. GOOG GEX does not reveal actual dealer positions or predict where GOOG will trade.
How do I read the GOOG call wall and put wall?
QuantWheel labels the GOOG call wall as the strike with the largest positive modeled GEX and the GOOG put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the GOOG price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the GOOG gamma flip?
The GOOG gamma flip is the price where modeled net gamma crosses zero for the selected GOOG options data. Compare it with the current price and the shape of the strike chart. The GOOG gamma flip is a model output, not a trading signal.
Which expirations should I use for GOOG GEX?
Start with the nearest GOOG expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which GOOG contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the GOOG GEX calculator free?
Yes. You can run up to three free GOOG 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.