# NVDA — Max Pain / GEX · GammaGrid demo **Gamma weather: Fair.** Positive gamma, but the flip is within reach — the damping may not hold. *(next 26 days · 6 expiries)* | Level | Value | |---|---| | Price | 218.29 | | Call wall | 250.00 | | Put wall | 200.00 | | Gamma flip | 222.69 | | Net GEX | 162.7 M | ## Max pain and dealer gamma by expiry Nearest expiries first. Max pain is the strike where open interest would expire worth the least; the expected move is one standard deviation from at-the-money implied volatility; net GEX is the dealers' estimated gamma exposure for that expiry, positive damps moves and negative amplifies them. | Expiry | Max pain | Expected move | Range | Call wall | Put wall | Net GEX | Contracts | |---|---|---|---|---|---|---|---| | 2026-09-14 | 220.00 | ±1.8% | 214.32 – 222.26 | 230.00 | 185.00 | 2.3 M | 45 | | 2026-09-16 | 220.00 | ±3.3% | 211.12 – 225.46 | 235.00 | 215.00 | 1.0 M | 40 | | 2026-09-18 | 202.50 | ±4.2% | 209.17 – 227.41 | 230.00 | 180.00 | 164.2 M | 150 | | 2026-09-25 | 220.00 | ±5.9% | 205.50 – 231.08 | 270.00 | 210.00 | 6.1 M | 98 | | 2026-10-02 | 220.00 | ±7.4% | 202.15 – 234.43 | 250.00 | 200.00 | -9.8 M | 98 | | 2026-10-09 | 225.00 | ±8.7% | 199.41 – 237.17 | 250.00 | 220.00 | -1.1 M | 81 | 19 expiries in the chain; the page lists every one. ## About these numbers Computed by GammaGrid from the NVDA options chain — dealer gamma exposure, max pain and the walls are GammaGrid's own arithmetic over open interest; the source data is delayed. Collected 2026-09-13T04:11:44.824639 UTC; this page follows the collection, roughly every fifteen minutes while the market is open. Other views of NVDA: [Overview](https://app.gammagrid.io/demo/t/NVDA.md) · [GEX Heatmap](https://app.gammagrid.io/demo/t/NVDA/heatmap.md) · [Volatility (IV)](https://app.gammagrid.io/demo/t/NVDA/volatility.md). Canonical page: · The demo shows the free list only; a GammaGrid account watches any US-listed ticker with options, replays earlier collections and opens every contract: