EFX Gamma Exposure
Per-strike dealer gamma positioning for EFX. Identifies call wall, put wall, and the gamma flip level where dealer hedging behavior changes.
GEX by Strike
Per-Strike GEX Data
Create a free account to view the full GEX by strike chart with call/put gamma, net GEX, and key levels for EFX.
Sign up free - 30 secondsEFX Gamma Exposure - Live Analysis
EFX is currently trading at $165.94 in a positive gamma regime. Net gamma exposure (GEX) stands at +$298K, with the gamma flip level at $157.64.EFX is currently trading above the gamma flip, meaning dealer hedging pressure is supportive - dealers buy dips and sell rallies, dampening intraday volatility.
In the current positive gamma regime, options market makers are net long gamma on EFX. When EFX falls, dealers must buy shares to maintain their hedge - creating natural buying pressure that supports the price. When EFX rises, dealers sell - capping the rally. This mechanical hedging behavior creates a mean-reverting, range-bound environment where price tends to oscillate between key gamma levels rather than trending directionally.
Key EFX levels from dealer gamma positioning: The call wall at $200 is the strike with the highest concentration of call gamma - dealers sell here on rallies, creating upside resistance. The put wall at $150 has the highest put gamma - dealers buy here on dips, creating downside support. The dealer-defined trading range is $150 - $200. In a positive gamma environment, expect EFX to gravitate within this zone.
Volatility context: EFX ATM implied volatility is 44.0%.
FlashAlpha computes EFX gamma exposure from live options data across all expirations for 6,000+ US equities and ETFs. The GEX chart above shows per-strike gamma with call GEX (green), put GEX (red), and net GEX (blue line). Sign up free to unlock all key levels, or use the GEX API to pull EFX gamma exposure data programmatically.
Frequently Asked Questions - EFX Gamma Exposure
What is EFX's gamma exposure today?
EFX currently has net gamma exposure (GEX) of +$298K in a positive gamma regime. Gamma exposure (GEX) measures the total gamma held by options market makers at each strike price. It reveals where dealer hedging flows are concentrated and how they create intraday support and resistance levels.
Is EFX in positive or negative gamma?
EFX is currently in a positive gamma regime. In positive gamma, dealers buy dips and sell rallies - dampening volatility. In negative gamma, dealers amplify moves in both directions - creating trending, volatile conditions. The gamma flip level marks the transition point between these two regimes.
Where is EFX's gamma flip level?
The EFX gamma flip is currently at $157.64. The gamma flip is the price level where aggregate dealer gamma transitions from positive (supportive) to negative (destabilizing). Above the flip, dealers suppress volatility. Below it, they amplify moves. Many traders use the gamma flip as a key intraday pivot level.
What are EFX's key support and resistance levels from options?
The EFX call wall (resistance) is at $200 and the put wall (support) is at $150. The call wall is the strike with the highest call gamma - dealers sell here, creating resistance. The put wall has the highest put gamma - dealers buy here, creating support. In positive gamma regimes, price tends to oscillate between these two levels.
Related Reading
Compare EFX GEX With
What is Gamma Exposure?
Gamma Exposure (GEX) quantifies the total gamma held by options market makers at each strike price. It reveals where dealer hedging flows are concentrated and how they affect price action.
Positive GEX (long gamma): Dealers buy dips and sell rips, dampening volatility. Price tends to pin near high-gamma strikes.
Negative GEX (short gamma): Dealers sell into drops and buy into rips, amplifying moves. Expect increased volatility and trend-following behavior.
Key Levels
- Call Wall: The strike with the highest call gamma. Acts as a resistance magnet in positive gamma regimes.
- Put Wall: The strike with the highest put gamma (absolute). Acts as a support magnet.
- Gamma Flip: The price level where net gamma shifts from positive to negative. A critical regime boundary.
- Max Pain: The strike where option holders experience maximum loss. Price gravitates here near expiration.
You've hit your daily request limit
Your quota resets at midnight UTC. Upgrade for uninterrupted access to live analytics.
What you unlock with an upgrade
Plans start at $63/mo · No contract · Cancel anytime