Bitcoin (BTC) GEX — week of 3–9 Aug 2026

Gamma flip, P1 and N1 from each daily snapshot (08:00 UTC), all expirations

Above the flip
6 of 7days in positive gamma
Flip range
63,025 – 64,318
Spot, week
+4.2%62,596 → 65,205

BTC was above the gamma flip on 6 of 7 days and below it on 1. The flip ranged from 63,025 to 64,318. Spot went from 62,596 to 65,205 (+4.2%) by the next week's first snapshot. The median next-day move was 0.7% after positive-gamma days and 1.8% after negative-gamma days. The largest next-day move, +1.8%, followed the 3 Aug snapshot (negative gamma).

62,407 63,092 63,778 64,463 65,148 Mon 3 Tue 4 Wed 5 Thu 6 Fri 7 Sat 8 Sun 9
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
3 Aug 07:57 UTC 62,596 63,025 -0.7% 70,000 62,500 Negative +1.8%
4 Aug 08:01 UTC 63,725 63,047 +1.1% 70,000 60,000 Positive +0.7%
5 Aug 08:06 UTC 64,177 63,323 +1.3% 70,000 60,000 Positive +1.0%
6 Aug 08:09 UTC 64,799 63,410 +2.1% 70,000 60,000 Positive -0.8%
7 Aug 08:01 UTC 64,306 63,466 +1.3% 70,000 60,000 Positive +1.0%
8 Aug 08:07 UTC 64,959 64,043 +1.4% 65,000 60,000 Positive -0.2%
9 Aug 07:54 UTC 64,827 64,318 +0.8% 70,000 64,800 Positive +0.6%

"Spot vs flip": how far spot sat above (+) or below (−) the flip. "Next day": spot change to the next daily snapshot. P1 / N1: the strikes with the largest positive and negative gamma. How the levels are computed: methodology.

BTC gamma exposure today

Today's flip, P1, N1 and max pain are on the BTC GEX page. In the app the levels update every 15 minutes, and the Time Machine replays any past moment.

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Levels as published on each day from that day's options open interest; venue coverage has grown over time. Educational information, not investment advice.