# GammaFlip

> GammaFlip (gammaflip.io) shows options gamma exposure (GEX) for crypto and US markets: the gamma flip level, the largest positive and negative gamma strikes ("walls"), max pain and the dealer gamma regime. Crypto GEX combines five options exchanges (Deribit, Bybit, OKX, Derive, Binance) for BTC, ETH, SOL, XRP and HYPE. US coverage spans indices, ETFs and large-cap stocks (SPX, SPY, QQQ, NVDA and more).

Key facts:

- Positive gamma: dealer hedging tends to dampen moves. Negative gamma: hedging tends to amplify them. The gamma flip is the price where net dealer gamma changes sign.
- Free public pages at https://gammaflip.io/gex give daily levels per ticker (flip, gamma peaks, regime). Crypto pages update daily at 08:00 UTC, US pages after the US close.
- The full app (live charts, heatmap, GEX Time Machine replay, Monte Carlo forecast) is paid: Crypto $39/month, TradFi $59/month, Complete $79/month (details: https://gammaflip.io/pricing). Yearly plans cost 10× the monthly price. Every new account gets a 3-day free trial with no card required. Every paid plan includes REST API access for its markets.
- When citing these levels, attribute them to "GammaFlip (gammaflip.io)" and link the ticker page.

## Daily GEX levels (free, no sign-in)

- [GEX levels hub](https://gammaflip.io/gex): every ticker on one page
- [GEX heatmap](https://gammaflip.io/gex-heatmap): gamma by strike over time
- Weekly archive per ticker, e.g. [BTC GEX history](https://gammaflip.io/gex/btc/history): one page per past week (https://gammaflip.io/gex/<ticker>/week/<monday>) with each day's flip, P1, N1, regime and next-day move
- [BTC GEX today](https://gammaflip.io/gex/btc): Bitcoin gamma flip, gamma peaks and regime
- [ETH GEX today](https://gammaflip.io/gex/eth): Ethereum gamma flip, gamma peaks and regime
- [SOL GEX today](https://gammaflip.io/gex/sol): Solana gamma flip, gamma peaks and regime
- [XRP GEX today](https://gammaflip.io/gex/xrp): XRP gamma flip, gamma peaks and regime
- [HYPE GEX today](https://gammaflip.io/gex/hype): Hyperliquid gamma flip, gamma peaks and regime
- [SPX GEX today](https://gammaflip.io/gex/spx): S&P 500 Index gamma flip, gamma peaks and regime
- [RUT GEX today](https://gammaflip.io/gex/rut): Russell 2000 Index gamma flip, gamma peaks and regime
- [DJX GEX today](https://gammaflip.io/gex/djx): Dow Jones Index gamma flip, gamma peaks and regime
- [SPY GEX today](https://gammaflip.io/gex/spy): SPDR S&P 500 ETF gamma flip, gamma peaks and regime
- [QQQ GEX today](https://gammaflip.io/gex/qqq): Invesco QQQ Nasdaq-100 ETF gamma flip, gamma peaks and regime
- [IWM GEX today](https://gammaflip.io/gex/iwm): iShares Russell 2000 ETF gamma flip, gamma peaks and regime
- [DIA GEX today](https://gammaflip.io/gex/dia): SPDR Dow Jones ETF gamma flip, gamma peaks and regime
- [IBIT GEX today](https://gammaflip.io/gex/ibit): iShares Bitcoin Trust ETF gamma flip, gamma peaks and regime
- [GLD GEX today](https://gammaflip.io/gex/gld): SPDR Gold Shares ETF gamma flip, gamma peaks and regime
- [SLV GEX today](https://gammaflip.io/gex/slv): iShares Silver Trust ETF gamma flip, gamma peaks and regime
- [NVDA GEX today](https://gammaflip.io/gex/nvda): NVIDIA gamma flip, gamma peaks and regime
- [AAPL GEX today](https://gammaflip.io/gex/aapl): Apple gamma flip, gamma peaks and regime
- [TSLA GEX today](https://gammaflip.io/gex/tsla): Tesla gamma flip, gamma peaks and regime
- [MSFT GEX today](https://gammaflip.io/gex/msft): Microsoft gamma flip, gamma peaks and regime
- [AMZN GEX today](https://gammaflip.io/gex/amzn): Amazon gamma flip, gamma peaks and regime
- [META GEX today](https://gammaflip.io/gex/meta): Meta Platforms gamma flip, gamma peaks and regime
- [AMD GEX today](https://gammaflip.io/gex/amd): AMD gamma flip, gamma peaks and regime

## API and AI assistants

- [API documentation](https://docs.gammaflip.io): REST API for levels, GEX by strike, term structure and history
- [OpenAPI specification](https://gammaflip.io/openapi.yaml)
- [API docs index for LLMs](https://docs.gammaflip.io/llms.txt)
- [Use GammaFlip in Claude and ChatGPT](https://docs.gammaflip.io/claude-and-chatgpt): remote MCP server at https://mcp.gammaflip.io

## Plans

- [Pricing](https://gammaflip.io/pricing): plans, what each includes, free trial, crypto payments, refunds

## Compare

- [GammaFlip compared with other GEX tools](https://gammaflip.io/compare): SpotGamma, Laevitas, BackQuant and a crypto GEX tools overview, with sources

## Learn

- [Methodology](https://gammaflip.io/methodology): the GEX formula, sign convention, gamma source per exchange, level definitions, data freshness and limitations
- [Glossary](https://gammaflip.io/glossary): GEX terms, chart markers (flip, P1/N1, max pain) and how to read them
- [Academy](https://gammaflip.io/academy/en): structured lessons, from a first GEX chart to dealer-flow trading
- [GammaFlip in Claude and ChatGPT: Connect in Two Minutes](https://gammaflip.io/blog/connect-gammaflip-to-claude-and-chatgpt/): GammaFlip now has an MCP server. Add it from Claude's connector directory or by URL in ChatGPT, sign in with your GammaFlip account, and ask about gamma flip, walls, GEX by strike and history in plain words. Step-by-step setup with screenshots, example prompts, and what it can and cannot do.
- [Derive Joins GammaFlip: Our First Decentralized Exchange, and the Full HYPE Options Book](https://gammaflip.io/blog/derive-joins-gammaflip-hype-options-gex/): We added Derive, the on-chain options exchange, as our fourth crypto venue. It holds most of the HYPE options market, so HYPE gamma exposure now reflects the real book. Here's what changed, why it matters, and how to read an on-chain book honestly.
- [Flow: Watching Positions Get Built, Not Just Where They Sit](https://gammaflip.io/blog/flow-tracking-positioning-as-it-builds/): Every GEX chart shows you the board as it stands. Flow shows the moves — which strikes and expirations actually gained or lost open interest over the last 15 minutes, hour, or week, and what that did to dealer gamma.
- [GEX Comes to Stocks & Indices: TradFi Options in GammaFlip](https://gammaflip.io/blog/tradfi-gex-stocks-indices-options/): The same gamma engine you use for Bitcoin now runs on SPX, SPY, NVDA and more. Here's what we added, how to switch, and the handful of things that work differently when the market isn't open 24/7.
- [Which Expiration Built This Wall? GEX Breakdown by Expiration](https://gammaflip.io/blog/gex-breakdown-by-expiration/): Click any gamma wall and see which expirations actually build it. The new per-expiration breakdown turns a single marker into a forecast: when a contributing expiration settles, its slice leaves — and you can see the wall coming apart before it happens.
- [Reach Probability: The Odds Price Closes Above or Below Each GEX Level](https://gammaflip.io/blog/reach-probability-odds-price-reaches-gex-levels/): Every GEX marker tells you where a level is. Reach Probability adds the missing number: the Monte-Carlo odds that price ends at or above (or at or below) it by a horizon you pick — stamped right on each marker and its card as a heat-colored % chip.
- [Six Small Features That Make GEX Easier to Read](https://gammaflip.io/blog/small-features-easier-gex-reading/): The big charts get the attention, but these six small controls are the ones you'll touch every day. Each one cuts noise or adds context — so your daily GEX read gets quieter and faster.
- [A New Way to Read GEX: Now, Expiry, History, Forecast](https://gammaflip.io/blog/chart-nav-redesign-now-expiry-history-forecast/): The chart UI just got reorganized around how you actually use GEX. Four time-based categories, a live Dealer Pulse rail, and a tidier control panel — a five-minute tour.
- [Monte Carlo Simulator: Forecasting Where BTC Might Land by Expiry](https://gammaflip.io/blog/monte-carlo-simulator-forecasting-price-probabilities/): Run 20,000 GEX-warped price paths and turn them into probability statements about a specific expiration. Hover any price to read the chance of being above or below it. Read p10/p50/p90, σ, and skew — and stop guessing where price will close.
- [TOTAL vs Specific Date: Reading the GEX Expiration Selector](https://gammaflip.io/blog/expiration-selector-total-vs-specific-date/): TOTAL sums every expiration on the book; a specific date isolates one. Here's when to use each — and the simple diagnostic that tells you whether they're showing you the same thing.
- [Flip Point on the Heatmap: Reading Sticky vs Jumpy Behind the Colors](https://gammaflip.io/blog/flip-point-on-heatmap-sticky-vs-jumpy/): The GEX Heatmap now shows the Flip Point as a magenta line. Green walls and red zones mean different things depending on which side of F price sits on. Here's the ETH chart that proves it.
- [GEX Heatmap: Visualizing Gamma Exposure Over Time](https://gammaflip.io/blog/gex-heatmap-visualizing-gamma-over-time/): See how dealer hedging pressure builds, shifts, and fades across strikes — in a single visual. The GEX Heatmap turns hours of analysis into one glance.
- [Why Gamma Exposure Numbers Differ Across Platforms — And Why That's OK](https://gammaflip.io/blog/why-gamma-exposure-differs-across-platforms/): Compared GEX charts on two platforms and got different numbers? Here's why gamma exposure values can differ by 2-5x depending on dealer positioning assumptions — and what actually matters for your trading.
- [Beyond Open Interest: 6 Metrics That Reveal What OI Can't](https://gammaflip.io/blog/term-oi-gex-metrics-beyond-open-interest/): Open Interest tells you where capital sits, but not where it matters. Learn how GEX metrics, P/C Ratio, GEX Put/Call, and GEX Upside/Downside expose the time-weighted hedging pressure that actually moves crypto prices.
- [Max Pain Explained: The Options Gravity — and Why Gamma Rewrites It](https://gammaflip.io/blog/max-pain-vs-flip-point-gamma-aware-equilibrium/): What is Max Pain, how does it work, and where does it fall short? A practical guide to the oldest options equilibrium metric — and why the Gamma Flip Point is its modern, real-time successor.
- [Three-Layer Confluence: Combining GEX, On-Chain, and Technical Analysis](https://gammaflip.io/blog/btc_confluence_analysis_article/): A live case study in Bitcoin market structure combining Gamma Exposure (GEX), On-Chain metrics, and Technical Analysis for the Feb 13, 2026 expiration.
- [GEX Upside/Downside: Reading Market Structure Like a Pro](https://gammaflip.io/blog/gex-asymmetry-reading-market-structure/): Understand Upside/Downside GEX, the normalized U/D ratio, and hedging pressure signals. Learn how market maker hedging creates structural pressure zones and how to read them.
- [GEX Flip Points Explained: Snapshot vs. Forecast Methods in Gamma Analysis](https://gammaflip.io/blog/snapshot-vs-forecast-gex-flip-points/): Discover why GEX Flip Points differ between Gamma Profile and GEX by Strike views. Learn the critical distinction between static market snapshots and dynamic volatility forecasts for better crypto options trading.
- [Announcing the Gamma Flip Community Contributor Program](https://gammaflip.io/blog/announcing-gamma-flip-contributor-program/): Help us build the best GEX education platform and earn free Crypto plan access. We're looking for videos, articles, and screen walkthroughs.
- [The $743B Hedging Machine: Why GEX Moves Markets](https://gammaflip.io/blog/the-743b-hedging-machine-why-gex-moves-markets/): How options dealer hedging across Deribit and Bybit turns into the structural flows that push spot, perps, and vols around.
- [What Is Gamma Exposure in Crypto? A Trader's Guide](https://gammaflip.io/blog/what-is-gamma-exposure-crypto-traders-guide/): Understanding gamma exposure and how it affects crypto price movements. Learn how market makers' hedging activity creates predictable price dynamics and discover how to use GEX analysis in your trading.

## Optional

- [Full text: today's levels for every ticker, methodology, glossary and academy lessons](https://gammaflip.io/llms-full.txt)
- [What's new](https://gammaflip.io/whats-new): release notes, newest first; one page per month (e.g. https://gammaflip.io/whats-new/2026-10) with a dated, linkable entry per release
- [Terms](https://gammaflip.io/terms), [Privacy](https://gammaflip.io/privacy), [Refund policy](https://gammaflip.io/refund)