Ethereum (ETH) GEX — week of 6–12 Jul 2026

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

Above the flip
7 of 7days in positive gamma
Flip range
1,706 – 1,758
Spot, week
+0.5%1,777 → 1,787

ETH stayed above the gamma flip on all 7 days of the week: positive gamma, where dealer hedging tends to dampen moves. The flip ranged from 1,706 to 1,758. Spot went from 1,777 to 1,787 (+0.5%) by the next week's first snapshot. The largest next-day move, +1.4%, followed the 10 Jul snapshot (positive gamma).

1,699 1,726 1,754 1,782 1,809 Mon 6 Tue 7 Wed 8 Thu 9 Fri 10 Sat 11 Sun 12
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
6 Jul 08:06 UTC 1,777 1,709 +3.9% 1,800 1,600 Positive -0.3%
7 Jul 07:57 UTC 1,772 1,747 +1.4% 1,775 1,600 Positive -0.9%
8 Jul 08:02 UTC 1,756 1,712 +2.5% 1,800 1,600 Positive -0.1%
9 Jul 08:07 UTC 1,755 1,706 +2.8% 1,800 1,600 Positive +1.1%
10 Jul 08:07 UTC 1,775 1,740 +1.9% 1,850 1,600 Positive +1.4%
11 Jul 08:00 UTC 1,800 1,758 +2.3% 1,850 1,600 Positive +0.1%
12 Jul 08:03 UTC 1,802 1,753 +2.7% 1,900 1,600 Positive -0.8%

"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.

ETH gamma exposure today

Today's flip, P1, N1 and max pain are on the ETH 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.