Ethereum (ETH) GEX — week of 19–25 Oct 2026

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

Above the flip
5 of 7days in positive gamma
Flip range
2,330 – 2,453
Spot, week
-4.8%2,430 → 2,313

ETH was above the gamma flip on 5 of 7 days and below it on 2. The flip ranged from 2,330 to 2,453. Spot went from 2,430 to 2,313 (-4.8%) by the next week's first snapshot. The median next-day move was 1.5% after positive-gamma days and 1.2% after negative-gamma days. The largest next-day move, +3.0%, followed the 20 Oct snapshot (positive gamma).

2,320 2,356 2,393 2,429 2,466 Mon 19 Tue 20 Wed 21 Thu 22 Fri 23 Sat 24 Sun 25
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
19 Oct 07:55 UTC 2,430 2,402 +1.2% 2,600 2,430 Positive -1.9%
20 Oct 08:04 UTC 2,385 2,362 +1.0% 2,600 2,300 Positive +3.0%
21 Oct 07:58 UTC 2,456 2,399 +2.3% 2,450 2,400 Positive -1.1%
22 Oct 08:01 UTC 2,430 2,453 -1.0% 2,600 2,400 Negative -1.1%
23 Oct 07:57 UTC 2,402 2,408 -0.2% 2,600 2,400 Negative -1.3%
24 Oct 08:08 UTC 2,371 2,361 +0.4% 2,600 2,350 Positive -1.0%
25 Oct 07:58 UTC 2,348 2,330 +0.8% 2,350 2,300 Positive -1.5%

"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.