Gamma Exposure on SPX

Today marks the first day in a long time where we can observe some green, bullish levels on gamma exposure. The daily GexView indicator displays thin green lines, which represent the gamma exposure of zero-days-to-expire contracts. The thick lines, on the other hand, represent the total gamma exposure across all expiration contracts. This is a promising first step, especially if these lines persist over the next few days and continue to develop further.