Spot Gamma and Delta

What is spot gamma and delta?

Spot gamma and delta is a strike map of dealer gamma and delta around last price. Spot GEX is dollars of hedge change for a plus or minus 1 percent move. Spot DEX is dollars of directional tilt for a $1 move. On EZPZ, the live page title is Spot Gamma & Delta. Strikes starts at 20.

Spot Gamma and Delta stacks two bar charts, not a side by side pair and not a strike table. The top card is Spot Gamma Exposure, $ per ±1% Move. The bottom card is Spot Delta Exposure, $ per $1 Move. Blue bars are ($) Open Interest, the end of day book. Purple bars are ($) Volume, the session estimate. A yellow vertical line marks Spot, labeled with last price. There is no Gamma Flip, Magnetic Pole, Call Wall, or Call / Put toggle on these charts. Expiration picks one listed date. Strikes starts at 20. Choices are All, 10, 20, 30, and 40. Reference opens the in-page guide. Historical Spot Gamma & Delta is the other tab. A loud purple bar can still be a hedge, a spread, or a dealer book. None of those bars is an order.

On EZPZ, the live page title is Spot Gamma & Delta. The ticker line starts on SPY plus last price. The topbar label is Spot Gamma & Delta. The subline is Expiry, then the selected date. Tabs are Spot Gamma & Delta and Historical Spot Gamma & Delta. Symbol placeholder is e.g. SPY. Go loads the name. Expiration picks one listed date. Strikes starts at 20. Reference opens Spot Gamma & Delta Real-Time. GEX and DEX is the Intraday GEX and DEX chart pair with Gamma Flip, not this Open Interest versus Volume stack. Expected Move is the DEM and VEM band chart by expiration. Gamma Exposure is the searchable strike table with Call Wall and Put Wall for one ticker, not these bars. GEX Heatmap is the strike-by-expiration GEX grid with a GEX Details table. Greeks Heatmap is the strike-by-expiration grid with Gravity Magnet Score. Market Maker Exposure is the SPX Flip Level chart with Call Wall, Put Wall, and Expected Move(VEM) and DEM. Market Cross Flow is the SPY, SPXW, and QQQ GEX grid next to candles. Option Depth Flow is the searchable strike-by-time Bubble or Gradient chart. Ticker Explorer puts GEX and DEX charts on a one-symbol dashboard. Largest Premium By Tickers is the Bullish Flow / Bearish Flow premium leaderboard when you do not have a ticker yet. Index Trader is the index dashboard with Premium Traffic Lights. Top 20 Optionable ranks listed-option names by Vol. * Price. Market Wave is the Current Day chart of Net Call Premium versus Net Put Premium. Net Flow Graph is one ticker you search with Filter ticker, plus Cumulative Volume Delta. Historical Net Premium is the 15D Cumulative lookback with a daily table. 0DTE Graph is the same-day premium chart with Filter ticker. The 0DTE dropdown is the lock. Weekly-DTE Graph is the WTE chart of premium that expires by Friday. 7-DTE Graph is the 7DTE chart of premium in the next 7 days. Supply and Demand X-ray is the ITM Call and Put chart of Price, Supply, and Demand. Money Sentiment is Bought Ratio, Net Sentiment, and Netflow Graph for one ticker. Net Premium Heatmap is the strike-by-expiration grid of Net Premium for one ticker. Movers and Shakers Tide is that same chart job for about 18 mega-cap names. Option Chain is the listed book for one ticker. Live Flow is the tape of prints. Unusual Activity keeps only large, sweep, and block prints. Unusual Activity Intraday is the session scan with a date range. $1M Plus Flow keeps only million-dollar premium. 0DTE Flow keeps only prints that expire today. SPX and SPY Flow locks the tape to SPX, SPXW, and SPY. Put to Call Ratio is the Intraday Put/Call Ratio chart of Traded PCR, OI PCR, and Sentiment PCR. Max Pain is Intraday Max Pain with O-Max Pain, P-Max Pain, and V-Max Pain. Open Interest Scan is the OI per Strike and OI per Expiration chart pair. Volume Scan is the Volume by Strike and Volume by Expiration chart pair. Volatility Analysis is Volatility By Open Interest, Open Interest, and Implied Volatility Smile for one ticker. IV Rank Explorer is Current IV (30D), IV Rank (1Y), period IV Rank, and IV Percentile (1Y) plus the IV Rank chart. Historical Volatility is 10D through 90D Volatility versus Price. Volatility Surface 3D is Raw Contracts and Smoothed Mesh for one ticker.

How Spot Gamma and Delta works on EZPZ

Search a ticker, leave Strikes on 20, then read Spot against the nearest bars. It is not a score. Most people read the gamma card first. Blue is the overnight book. Purple is the session. If a strike looks loud, check both series on that strike, then scroll to Spot Delta Exposure. Open Reference only if you want the legend again. Open Historical Spot Gamma & Delta when you want the lookback tab, not this live session.

How this differs from GEX and DEX

GEX and DEX is two charts side by side plus a strike table. Net GEX and Net DEX start on. Gamma Flip and Magnetic Pole sit on the GEX chart. Call / Put is the other view. This page is two stacked charts. The split is ($) Open Interest versus ($) Volume, not call versus put. There is no strike table under these cards. Use GEX and DEX when you want Gamma Flip. Use this page when you want Spot next to OI and Volume bars for one Expiration. Use Gamma Exposure when you want Call Wall and Put Wall on a collapsed chain. Use GEX Heatmap when you want pinning versus volatility cells, then Call Resistance and Put Support by date. Use Greeks Heatmap when you want VEX, CEX, DEX, OI, or Gravity Magnet Score. Use Market Maker Exposure when you want SPX Flip Level, Call Wall, Put Wall, and Expected Move(VEM) and DEM. Use Market Cross Flow when you want SPY, SPXW, and QQQ side by side next to candles. Use Option Depth Flow when you want strike by time. Use Ticker Explorer when you want GEX and DEX charts next to quote and unusual activity. Use Largest Premium By Tickers when you still need a name from Bullish Flow or Bearish Flow. Use Index Trader when you want traffic lights. Use Top 20 Optionable when you want Vol. * Price rank. Use Market Wave when you want Current Day Net Call Premium versus Net Put Premium. Use Net Flow Graph when you want Filter ticker plus Cumulative Volume Delta. Use Historical Net Premium when you want the 15D table. Use 0DTE Graph when you want same-day premium. Use Weekly-DTE Graph when you want Friday. Use 7-DTE Graph when you want the next 7 days. Use Supply and Demand X-ray when you want Price, Supply, and Demand on each contract. Use Money Sentiment when you want Bought Ratio and Net Sentiment. Use Net Premium Heatmap when you want the strike-by-expiration grid. Use Movers and Shakers Tide when you want the 18-name basket. Use Live Flow when you want the prints. Use Option Chain when you want the listed book.

Anatomy of the charts

You do not need every label on every session. Use the tabs if you want a map of the fields.

Control bar

• Symbol: Type a ticker. Placeholder is e.g. SPY. The page starts on SPY.
• Go: Loads the name. Enter in the search box also loads it.
• Expiration: One listed date. The screenshot uses 2026-09-21, not a blended book.
• Strikes: How many strikes around last price. 20 starts selected. Choices are All, 10, 20, 30, and 40.
• Reference: Opens the in-page legend and GEX / DEX notes.

Controls on this page

The bar under the tabs has Symbol, Expiration, Strikes, and Reference. Use those controls to change the map. Do not treat them as a score.

• Spot Gamma & Delta / Historical Spot Gamma & Delta: Two tabs. Spot Gamma & Delta is this live session. Historical is the lookback page.
• Symbol / Go: Load another name.
• Expiration: One listed date.
• Strikes: 20 starts selected. Options are All, 10, 20, 30, and 40.
• Reference: Opens Spot Gamma & Delta Real-Time.

How people actually use it