Ethereum (ETH) GEX — week of 24–30 Aug 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
1,930 – 2,336
Spot, week
-0.8%2,455 → 2,436

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 1,930 to 2,336. Spot went from 2,455 to 2,436 (-0.8%) by the next week's first snapshot. The largest next-day move, -2.5%, followed the 28 Aug snapshot (positive gamma).

1,884 2,049 2,215 2,380 2,546 Mon 24 Tue 25 Wed 26 Thu 27 Fri 28 Sat 29 Sun 30
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
24 Aug 07:57 UTC 2,455 1,937 +21.1% 2,500 2,100 Positive +1.1%
25 Aug 08:04 UTC 2,481 1,930 +22.2% 2,500 2,100 Positive -0.8%
26 Aug 07:55 UTC 2,462 1,967 +20.1% 2,500 2,460 Positive +1.6%
27 Aug 08:02 UTC 2,500 1,992 +20.3% 2,500 2,100 Positive -0.2%
28 Aug 07:58 UTC 2,495 2,274 +8.9% 2,500 2,100 Positive -2.5%
29 Aug 08:08 UTC 2,433 2,336 +4.0% 2,500 2,100 Positive +0.9%
30 Aug 08:00 UTC 2,455 2,312 +5.8% 2,500 2,100 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.