Ethereum (ETH) GEX — week of 2–8 Nov 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
2,218 – 2,308
Spot, week
-8.4%2,286 → 2,094

ETH was above the gamma flip on 6 of 7 days and below it on 1. The flip ranged from 2,218 to 2,308. Spot went from 2,286 to 2,094 (-8.4%) by the next week's first snapshot. The median next-day move was 3.5% after positive-gamma days and 0.8% after negative-gamma days. The largest next-day move, -8.0%, followed the 5 Nov snapshot (positive gamma).

2,202 2,261 2,319 2,377 2,436 Mon 2 Tue 3 Wed 4 Thu 5 Fri 6 Sat 7 Sun 8
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
2 Nov 08:00 UTC 2,286 2,227 +2.6% 2,275 2,000 Positive -1.3%
3 Nov 08:06 UTC 2,258 2,252 +0.3% 2,500 2,000 Positive +2.1%
4 Nov 07:58 UTC 2,304 2,271 +1.4% 2,300 2,000 Positive +5.0%
5 Nov 08:06 UTC 2,420 2,308 +4.6% 2,400 2,000 Positive -8.0%
6 Nov 08:01 UTC 2,227 2,241 -0.6% 2,500 2,000 Negative +0.8%
7 Nov 07:57 UTC 2,246 2,227 +0.8% 2,300 2,000 Positive -0.2%
8 Nov 08:02 UTC 2,240 2,218 +1.0% 2,300 2,200 Positive -6.5%

"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.