Ethereum (ETH) GEX — week of 13–19 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
1,760 – 1,825
Spot, week
+4.3%1,787 → 1,863

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 1,760 to 1,825. Spot went from 1,787 to 1,863 (+4.3%) by the next week's first snapshot. The largest next-day move, +5.0%, followed the 14 Jul snapshot (positive gamma).

1,748 1,792 1,836 1,879 1,923 Mon 13 Tue 14 Wed 15 Thu 16 Fri 17 Sat 18 Sun 19
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
13 Jul 08:06 UTC 1,787 1,760 +1.5% 1,850 1,600 Positive -0.3%
14 Jul 07:55 UTC 1,782 1,773 +0.5% 1,780 1,600 Positive +5.0%
15 Jul 07:58 UTC 1,870 1,798 +3.8% 1,900 1,600 Positive +2.2%
16 Jul 08:02 UTC 1,911 1,780 +6.8% 1,900 1,600 Positive -4.3%
17 Jul 08:08 UTC 1,829 1,821 +0.5% 1,900 1,700 Positive +0.8%
18 Jul 07:59 UTC 1,844 1,825 +1.1% 1,900 1,825 Positive +1.4%
19 Jul 08:03 UTC 1,869 1,796 +3.9% 1,900 1,700 Positive -0.4%

"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.

Open ETH in GammaFlip →

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