Solana (SOL) GEX Today — Gamma Flip & Key Levels
Daily snapshot · 21 Sep 2026, 08:00 UTC · all expirations
- Spot
- 112.02
- Gamma flip
- 77.5030.8% below spot
- Regime
- Positive gamma
- Positive peak (P1)
- 112.00
- Negative peak (N1)
- 95.00
- Max pain
- 90.0025 Sep 2026 expiry
- Net GEX
- +2.3M
SOL is in positive gamma: the gamma flip at 77.50 is 30.8% below spot (112.02). Above the flip, dealers are long gamma and tend to dampen moves. The top positive gamma peak (P1) is at 112.00 (-0.0% from spot), where dealer hedging tends to stabilize price. The top negative gamma peak (N1) is at 95.00 (-15.2% from spot), a volatility trigger rather than support. The flip moved -1.3% since the previous snapshot (78.54 → 77.50).
SOL GEX levels — last 14 snapshots
| Snapshot | Spot | Gamma flip | P1 | N1 | Regime |
|---|---|---|---|---|---|
| 21 Sep 07:57 UTC | 112.02 | 77.50 | 112.00 | 95.00 | Positive |
| 20 Sep 08:01 UTC | 108.53 | 78.54 | 125.00 | 95.00 | Positive |
| 19 Sep 08:04 UTC | 111.64 | 78.69 | 125.00 | 95.00 | Positive |
| 18 Sep 08:02 UTC | 106.07 | 78.87 | 125.00 | 95.00 | Positive |
| 17 Sep 08:03 UTC | 100.04 | 78.75 | 105.00 | 95.00 | Positive |
| 16 Sep 08:07 UTC | 96.59 | 78.29 | 125.00 | 95.00 | Positive |
| 15 Sep 08:05 UTC | 100.31 | 77.48 | 125.00 | 95.00 | Positive |
| 14 Sep 08:08 UTC | 101.59 | 77.30 | 125.00 | 95.00 | Positive |
| 13 Sep 07:57 UTC | 100.74 | 77.10 | 125.00 | 95.00 | Positive |
| 12 Sep 08:00 UTC | 101.65 | 77.06 | 125.00 | 95.00 | Positive |
| 11 Sep 07:59 UTC | 99.75 | 98.65 | 125.00 | 95.00 | Positive |
| 10 Sep 08:00 UTC | 101.31 | 79.26 | 125.00 | 95.00 | Positive |
| 9 Sep 08:02 UTC | 104.81 | 78.94 | 110.00 | 95.00 | Positive |
| 8 Sep 08:08 UTC | 102.65 | 78.19 | 110.00 | 95.00 | Positive |
See SOL gamma exposure live
- Updates every 15 minutes, not once a day
- Per-expiration breakdown, including 0DTE
- Full interactive GEX heatmap and history
- Monte Carlo price paths
About Solana (SOL) options GEX
Solana options are a younger market than bitcoin or ether options. GammaFlip builds the SOL profile from Deribit and Bybit, and open interest can pile up on a small number of strikes rather than spreading evenly across the chain. When it does, that concentration changes how the profile should be read.
Here all listed SOL expirations are merged into a single gamma exposure curve, with these reference points:
- the gamma flip — spot above it usually means dealers dampen swings, spot below it means they can amplify them;
- the two largest long-gamma strikes (P1, P2);
- the two largest short-gamma strikes (N1, N2);
- max pain, the strike where option holders collectively lose the most at expiry.
In a thin market, one crowded strike can outweigh everything around it, so a single peak on SOL carries more meaning than a similar-looking bump on BTC. The flip itself can also relocate quickly when a large position opens or closes. Treat any level as provisional until it has shown up for several days. The GEX heatmap is the best tool for that: new bright bands mark fresh positioning, and bands that persist across weeks are the ones more likely to matter.
This profile is captured once a day at 08:00 UTC; a new peak can form well before the next update.
FAQ
What does SOL GEX measure?
SOL GEX estimates how much SOL option dealers would have to buy or sell to stay delta-neutral as price moves, using open interest on each listed SOL option strike and expiry.
Why can Solana levels move more from day to day than bitcoin levels?
The SOL options market is younger, and its open interest can cluster on a handful of strikes. A few large trades opening or closing can move a peak, or create a new one, between two daily snapshots.
Is a single large SOL peak meaningful?
It can be, because thin markets let one strike dominate the profile. Check the 30-day heatmap: a peak that has held for several weeks deserves more weight than one that appeared yesterday.
Which venues feed the SOL numbers?
The SOL levels combine option open interest from Deribit and Bybit. OKX data is used on the BTC and ETH pages only, so it is not part of the Solana profile.
Levels are derived from end-of-period options open interest and are published once a day. Educational information, not investment advice.