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SPY gamma flip today

As of the November 4, 2026 close, the SPY gamma flip is 768.31. SPY closed at 767.20, 0.14% below the flip, so dealers are short gamma (net dealer gamma -0.92bn per 1% move). Call wall 770, put wall 750.

Short gamma tends to amplify moves: dealers buy rallies and sell dips. SPDR S&P 500 ETF (SPY) dealer gamma from FinzData, point in time, updated after each close.

SPY gamma levels, last 20 sessions

DateCloseGamma flipCall wallPut wallNet GEX ($bn per 1%)
2026-11-04767.20768.31770750-0.92
2026-11-03754.64769.41770740-11.81
2026-10-30753.62773.91800750-11.05
2026-10-29768.09772.80770765-6.25
2026-10-28771.29772.77780750-1.75
2026-10-27771.12773.08780750-2.07
2026-10-26765.54773.23770755-8.86
2026-10-23760.03774.13800750-13.96
2026-10-22762.17774.23770760-12.69
2026-10-21773.06774.23780760-0.84
2026-10-20768.59774.15770760-7.00
2026-10-19767.98773.11770750-5.26
2026-10-16762.05774.94770760-9.42
2026-10-15772.38775.19775772-4.50
2026-10-14768.74776.76770765-11.52
2026-10-13778.30777.127857722.74
2026-10-12777.81776.397857703.09
2026-10-09778.34775.277807704.82
2026-10-08773.39775.05780767-3.58
2026-10-07777.08775.117857704.51

Questions

What is the SPY gamma flip today?

As of the November 4, 2026 close, the SPY gamma flip is 768.31. SPY closed at 767.20, 0.14% below the flip, so dealers are short gamma (net dealer gamma -0.92bn per 1% move). Call wall 770, put wall 750.

Is SPY in positive or negative gamma?

On November 4, 2026, dealers are short gamma in SPY. Short gamma tends to amplify moves: dealers buy rallies and sell dips.

Where does this data come from?

FinzData computes dealer gamma exposure from end-of-day options chains for every listed strike, point in time: each row only uses what was known at that session's close. History goes back to 2010.

How can I get SPY gamma history?

Free: the last 30 days with a free API key (just an email). Full history for SPY starts at $29 for 5 years, or ask any AI assistant connected to FinzData's MCP server.

Get the data

Analysis, not investment advice. Source: FinzData, end-of-day options chains.