# XLC — GEX Heatmap · GammaGrid demo

**Gamma weather: Unsettled.** The price is sitting on the gamma flip — the regime can turn either way. *(next 25 days · 4 expiries)*

| Level | Value |
|---|---|
| Price | 107.09 |
| Call wall | 113.00 |
| Put wall | 101.00 |
| Gamma flip | 108.02 |
| Net GEX | 2.1 M |

## Gamma exposure across expiries

Net dealer gamma per expiry (the columns of the heatmap), and the walls and the gamma flip as they stand with more expiries folded in — the heatmap's depth slider.

| Expiry | Net GEX | Contracts |
|---|---|---|
| 2026-11-13 | 0.7 M | 55 |
| 2026-11-20 | 1.5 M | 54 |
| 2026-11-27 | -0.1 M | 40 |
| 2026-12-04 | -0.0 M | 36 |
| 2026-12-11 | -0.0 M | 9 |
| 2026-12-18 | 0.3 M | 60 |

| Expiries folded in | Call wall | Put wall | Gamma flip |
|---|---|---|---|
| 1 | 108.00 | 102.00 | 104.57 |
| 2 | 113.00 | 104.00 | 107.79 |
| 3 | 113.00 | 101.00 | 107.91 |
| 4 | 113.00 | 101.00 | 108.02 |
| 5 | 113.00 | 101.00 | 108.06 |
| 6 | 115.00 | 106.00 | 114.84 |

## About these numbers

Computed by GammaGrid from the XLC options chain — dealer gamma exposure, max pain and the walls are GammaGrid's own arithmetic over open interest; the source data is delayed. Collected 2026-11-09T17:13:09.723719 UTC; this page follows the collection, roughly every fifteen minutes while the market is open.

Other views of XLC: [Overview](https://app.gammagrid.io/demo/t/XLC.md) · [Max Pain / GEX](https://app.gammagrid.io/demo/t/XLC/max-pain.md) · [Volatility (IV)](https://app.gammagrid.io/demo/t/XLC/volatility.md).

Canonical page: <https://app.gammagrid.io/demo/t/XLC/heatmap> · The demo shows the free list only; a GammaGrid account watches any US-listed ticker with options, replays earlier collections and opens every contract: <https://app.gammagrid.io/>