Free ORCL GEX - Oracle Gamma Exposure
Free ORCL GEX maps Oracle gamma exposure by strike. Select expirations around earnings, cloud infrastructure or database events, then generate the chart to compare net GEX, call wall, put wall and gamma flip.
How to use the ORCL GEX tool
Search ORCL
ORCL 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
Multi-ticker dashboard with alerts
GEX Heatmap
Strike-level gamma by expiration
GEX Intraday PlayTape
Intraday gamma movement & replay
Max Pain Calculator
Options pain strike by expiration
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 ORCL GEX workspace
Add ORCL Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Open GEX WorkspaceWant to compare strikes across expirations? View the ORCL GEX heatmap.
Understanding ORCL gamma exposure
Oracle's transformation from a mature database vendor into an AI infrastructure story rewrote its options market. What was for years a sleepy, low-volatility chain now carries genuine speculative gamma, and ORCL's implied volatility has repriced to match a stock that can gap double digits on cloud-backlog disclosures. Gamma exposure builds heavily into its quarterly reports, where remaining performance obligation figures have repeatedly moved the stock more than any guidance number.
New to the concept? Start with our guides to gamma in options and the options Greeks.
ORCL GEX methodology and limitations
QuantWheel calculates ORCL 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.
ORCL GEX FAQ
What is ORCL GEX?
ORCL GEX estimates gamma exposure across listed ORCL options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. ORCL GEX does not reveal actual dealer positions or predict where ORCL will trade.
How do I read the ORCL call wall and put wall?
QuantWheel labels the ORCL call wall as the strike with the largest positive modeled GEX and the ORCL put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the ORCL price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the ORCL gamma flip?
The ORCL gamma flip is the price where modeled net gamma crosses zero for the selected ORCL options data. Compare it with the current price and the shape of the strike chart. The ORCL gamma flip is a model output, not a trading signal.
Which expirations should I use for ORCL GEX?
Start with the nearest ORCL expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which ORCL contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the ORCL GEX calculator free?
Yes. You can run up to three free ORCL 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.