MSFT Gamma Levels Today
Track today's MSFT gamma levels - the MSFT gamma flip (zero gamma level), call wall, put wall, max pain, and net dealer gamma exposure (net GEX). These free levels are delayed roughly 15 minutes and help Microsoft (MSFT) options traders see the key dealer-positioning zones where price may pin, reject, or accelerate before it gets there. MSFT is Microsoft's stock, and these levels are computed from its own options chain, the same way as for SPY and QQQ.
MSFT
Gamma flip unresolvedThis snapshot produced no gamma flip: the modeled dealer-gamma profile had no zero crossing close enough to spot to be tradable and backed by real open interest, so no level is published rather than one we can’t stand behind. Read these levels as provisional - it normally resolves again on a later snapshot.
SPX
Gamma flip unresolvedThis snapshot produced no gamma flip: the modeled dealer-gamma profile had no zero crossing close enough to spot to be tradable and backed by real open interest, so no level is published rather than one we can’t stand behind. Read these levels as provisional - it normally resolves again on a later snapshot.
SPY
Negative gamma (amplified vol)Dealers are net short gamma at spot - moves can accelerate, and if a wall gives way, hedging adds to the break.
QQQ
Negative gamma (amplified vol)Dealers are net short gamma at spot - moves can accelerate, and if a wall gives way, hedging adds to the break.
NDX
Gamma flip unresolvedThis snapshot produced no gamma flip: the modeled dealer-gamma profile had no zero crossing close enough to spot to be tradable and backed by real open interest, so no level is published rather than one we can’t stand behind. Read these levels as provisional - it normally resolves again on a later snapshot.
ES
Gamma flip unresolvedThis snapshot produced no gamma flip: the modeled dealer-gamma profile had no zero crossing close enough to spot to be tradable and backed by real open interest, so no level is published rather than one we can’t stand behind. Read these levels as provisional - it normally resolves again on a later snapshot.
NQ
Gamma flip unresolvedThis snapshot produced no gamma flip: the modeled dealer-gamma profile had no zero crossing close enough to spot to be tradable and backed by real open interest, so no level is published rather than one we can’t stand behind. Read these levels as provisional - it normally resolves again on a later snapshot.
Comparing instruments? See all six on one page: GEX levels today.
Want the live version?
These are the delayed free preview levels. Inside ZeroGEX, MSFT levels update in real time with the full GEX profile, strike-level heatmaps, options-flow classification and dealer positioning - so you know the levels that matter before price gets there.
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What you get with the live dashboard
The free levels above are the map. The live dashboard is the real-time terrain - the same levels that can shape intraday price action, updating as the session moves, with the tools to see where price may pin, reject, accelerate, or chop.
- Real-time MSFT gamma levelsLive data, recomputed about once a minute, not a 15-minute-delayed snapshot
- Gamma FlipThe regime line, live as spot moves across it
- Call Wall & Put WallWhere price may pin, reject, or accelerate
- Max PainThe expiration magnet, tracked intraday
- Net GEX / Dealer PositioningWhether hedging is dampening or amplifying moves
- Strike-level GEX profileThe full dealer-gamma curve, strike by strike
- GEX heatmapsStrike-by-DTE gamma, visualized
- Options flow classificationLive tape sorted into directional pressure
Get the live ZeroGEX dashboard
You’ve seen the structural map. The live ZeroGEX dashboard adds the real-time refresh, the full GEX profile, the strike-by-DTE heatmap and options-flow classification - the context that turns these levels into a read you can trade around.
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One email each trading morning with the gamma flip, call wall, put wall, max pain and net GEX for SPX, SPY, QQQ, NDX, ES and NQ - formatted to paste straight into the free TradingView script. No account, no card.
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Share today’s gamma levels
Want to share this morning’s gamma map? Copy the snapshot below.
MSFT: spot — | Call Wall — | Put Wall — | Gamma Flip — | Net GEX — SPX: spot 7377 | Call Wall 7700 | Put Wall 7300 | Gamma Flip — | Net GEX -$50.13B (delayed) SPY: spot 736.46 | Call Wall 740 | Put Wall 730 | Gamma Flip 756.48 | Net GEX -$3.91B QQQ: spot 657.54 | Call Wall 660 | Put Wall 650 | Gamma Flip 680.93 | Net GEX -$480.8M NDX: spot 26990 | Call Wall 29000 | Put Wall 27000 | Gamma Flip — | Net GEX -$1.5B (delayed) ES: spot 7404 | Call Wall 7729 | Put Wall 7328 | Gamma Flip — | Net GEX -$50.13B (delayed) NQ: spot 27108 | Call Wall 29127 | Put Wall 27118 | Gamma Flip — | Net GEX -$1.5B (delayed) Free delayed levels: https://zerogex.io/msft-gamma-levels
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Plot these levels on thinkorswim
On Schwab's thinkorswim? Paste our free ZeroGEX Daily Gamma Levels study into the Study Editor. It draws the Gamma Flip, Call Wall, Put Wall, and Max Pain as horizontal lines with a price chip on each - and can fire a thinkorswim alert when price crosses one. Then enter today's numbers from the cards above.
Manual-entry only. thinkScript runs sandboxed inside thinkorswim with no network access at all, so no study on that platform - ours or anyone's - can fetch live levels. For levels that update themselves, see our NinjaTrader and Sierra Chart integrations.
Roughly 150 lines of thinkScript. Nothing to install and no account needed.
- Create the study. On a chart, open Studies → Edit Studies… → Create, select everything already in the editor, and paste ours over it. Name it “ZeroGEX Daily Gamma Levels” and click OK.
- Add it to the chart and open its settings, then enter today's Gamma Flip, Call Wall, Put Wall, and Max Pain from the cards above. Leave any level at 0 to hide it.
- It follows you across desktop, web, and mobile - thinkorswim syncs custom studies to your account, so this is a one-time paste.
Put these MSFT levels on your site
If you write about the session, today’s MSFT levels are one line of HTML. Paste it once and it updates itself through the session on a 15-minute delay, so the MSFT flip and walls under your writing stay current without you typing them in again. No account, no key, and it sets no cookies on your readers.
Publishing somewhere that blocks embeds - Substack, Medium, Discord, an email newsletter? Take the image instead. It is the same card as a PNG, and because those platforms copy it onto their own servers it is a snapshot of this moment rather than a live card, which is why it prints its own “as of” time.
How to read these levels
Call wall
The strike where call-side dealer gamma piles up. In a positive-gamma regime, dealers hedge by selling into rips here, which can stall a rally. How often it actually holds is a base rate: in our study of 737 wall tests, S&P walls held about two times in three within an hour and Nasdaq walls about half, on either side of the flip. A break above can be a tell that the regime itself is flipping.
Put wall
The strike where put-side dealer gamma piles up. In a positive-gamma session, aggregate hedging leans against a decline into it; in negative gamma, if it gives way, hedging adds to the move lower. How often it holds is the same base rate as the call wall's.
Gamma flip
The level where the cumulative dealer-gamma curve crosses zero. Above the flip, dealers are net long gamma (vol-suppressing). Below it, net short gamma (vol-amplifying). The single most useful regime line on the dealer book.
Max pain
The hypothetical settlement price with the smallest total payout to option holders. Useful as an expiration-day magnet, but the real mechanism most days is the gamma pin around max pain, not writer-payout arithmetic.
Net dealer GEX (at spot)
The cumulative dealer-gamma curve evaluated at the current price. Sign-consistent with the flip - positive means we're above it, negative means below. Magnitude says how deep into the regime we are.
One catch
These are derived analytics, intentionally delayed. They're great for context and for the daily X read, and the free Gamma Terminal plots them on a delayed chart; they're not enough on their own for active trading. Pair them with intraday flow and vanna/charm on the live dashboard.
Learn more
- What Is a Gamma Flip? The Gamma Flip Level Explained
- What Is Zero Gamma? The Zero Gamma Level Explained for Traders
- What Is a Call Wall? How Dealers Defend the Upside in Options
- What Is a Put Wall? Put Gamma Concentration Explained
- Gamma Walls Explained: What a Gamma Wall Is and How Price Reacts
- How Often Do Gamma Walls Actually Break? We Measured It
- What Is GEX in Trading? GEX Meaning, Explained Simply
- SPX Net GEX Today: Current SPX Net Gamma Exposure Value
- 0DTE Dealer Positioning Explained (Dealer Gamma 0DTE)
- How to Trade Around Gamma Flip Levels
- Best GEX Tools in 2026: Gamma Exposure Platforms Compared
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Frequently asked questions
What are gamma levels?
Gamma levels are price zones where options dealer positioning may influence support, resistance, pinning, or volatility. Common levels include the gamma flip, call wall, put wall, and max pain.
What is MSFT's net gamma exposure (net GEX) right now?
Today's MSFT net GEX - the net dealer gamma across the MSFT options chain, evaluated at spot and expressed as a signed dollar "gamma" figure - is shown at the top of this page and refreshed on a roughly 15-minute delay. A positive value means MSFT is trading above its gamma flip, where dealer hedging tends to suppress volatility; a negative value means it is below the flip, where hedging tends to amplify it. The price where net GEX crosses zero is the gamma flip, also called the zero-gamma level. Net GEX is a modeled estimate, not directly observed dealer inventory.
How are MSFT gamma levels different from SPY or QQQ levels?
They are computed the same way, from MSFT's own options chain under the same modeled dealer convention, and they read the same: the gamma flip as the regime line, the walls as the strikes where modeled dealer gamma is heaviest. Three things differ. MSFT is one company, so earnings and company news can carry it through levels that index flows would not. The Expected Range band ZeroGEX draws for the ETFs and indexes is not drawn for MSFT, because it is projected from VIX and VXN, which price an index rather than any one stock. And the forecast and signal models are tuned on the ETFs and indexes, so they do not run on MSFT yet.
Does the gamma wall study cover MSFT?
No. ZeroGEX's study of 737 wall tests covered SPY, SPX, QQQ and NDX: S&P walls held about two times in three within an hour, and Nasdaq walls about half. Single stocks were not in it, so neither base rate is known to hold for MSFT. Treat MSFT's walls as unmeasured levels and watch how price behaves around them.
What is the gamma flip?
The gamma flip is the price level where dealer positioning may shift from positive gamma to negative gamma, or vice versa. Above or below this level, market behavior can change from more stable and mean-reverting to more volatile and directional.
Why is the MSFT gamma flip showing no value?
A blank gamma flip is a deliberate result, not missing data. ZeroGEX publishes the flip only when the modeled dealer-gamma profile has a zero crossing close enough to spot to be tradable and backed by real open interest. When MSFT is trading deep inside one gamma regime, or the options chain is thin or one-sided - extended hours, or an implied-volatility spike that collapses modeled gamma across the board - no crossing clears that bar, and no level is published rather than one that can't be stood behind. The call wall, put wall and max pain on this page are unaffected, the sign of net GEX still tells you which regime MSFT is in, and the flip normally resolves again on a later snapshot.
What is a call wall?
A call wall is a strike where call gamma exposure is concentrated. It can act as an upside magnet, resistance area, or pinning zone depending on broader positioning and price action.
What is a put wall?
A put wall is a strike where put gamma exposure is concentrated. It can act as a downside support area, hedge-pressure zone, or acceleration level if price breaks through it.
How often are ZeroGEX gamma levels updated?
This free page shows the levels on a roughly 15-minute delay and refreshes through the session. Inside the ZeroGEX dashboard the same levels are recomputed about once a minute through the regular session.
Are these MSFT 0DTE gamma levels?
The levels on this page are computed across the full MSFT options chain, every listed expiration together. On a day one of its expirations settles they include it, but they are never 0DTE-only. The ZeroGEX dashboard's expiration filter narrows the walls and the flip to a single expiration.
Snapshot timestamp (ET): Nov 6, 2026, 6:15 PM EST. Levels on this page are derived analytics rebuilt from a market-data snapshot that is intentionally held back ~15 minutes from the live ZeroGEX feed. Provided for informational purposes only - not investment advice. Options trading involves significant risk.