MSFT GEX — week of 11–17 May 2026

Gamma flip, P1 and N1 from each daily snapshot (after the US close), all expirations

Above the flip
5 of 5sessions in positive gamma
Flip range
392.86 – 400.10
Spot, week
+2.7%412.69 → 423.64

MSFT stayed above the gamma flip on all 5 sessions of the week: positive gamma, where dealer hedging tends to dampen moves. The flip ranged from 392.86 to 400.10. Spot went from 412.69 to 423.64 (+2.7%) by the next week's first snapshot. The largest next-day move, +3.1%, followed the 14 May snapshot (positive gamma).

390.53 398.98 407.44 415.89 424.34 Mon 11 Tue 12 Wed 13 Thu 14 Fri 15
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
11 May 16:00 ET 412.69 397.13 +3.8% 420.00 400.00 Positive -1.2%
12 May 16:00 ET 407.82 400.10 +1.9% 420.00 400.00 Positive -0.7%
13 May 16:00 ET 405.10 398.78 +1.6% 420.00 400.00 Positive +1.1%
14 May 16:00 ET 409.51 399.99 +2.3% 420.00 400.00 Positive +3.1%
15 May 16:00 ET 422.01 392.86 +6.9% 450.00 380.00 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.

MSFT gamma exposure today

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