# XLU — Overview · GammaGrid demo

**Gamma weather: Clear.** Positive gamma with the flip far off — dealer hedging is damping moves. *(next 25 days · 4 expiries)*

| Level | Value |
|---|---|
| Price | 43.87 |
| Call wall | 41.00 |
| Put wall | 40.00 |
| Gamma flip | 39.69 |
| Net GEX | 77.7 M |

## Put/call ratio

At the latest collection: by volume **2.22**, by open interest **1.77**. The page draws the ratio over 365 days and the implied-volatility surface.

## About these numbers

Computed by GammaGrid from the XLU options chain — dealer gamma exposure, max pain and the walls are GammaGrid's own arithmetic over open interest; the source data is delayed. Collected 2026-11-09T17:11:08.128946 UTC; this page follows the collection, roughly every fifteen minutes while the market is open.

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

Canonical page: <https://app.gammagrid.io/demo/t/XLU> · 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/>