# XLY — GEX Heatmap · 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 | 121.11 |
| Call wall | 114.00 |
| Put wall | 105.00 |
| Gamma flip | 113.89 |
| Net GEX | 4.9 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 | 0.1 M | 73 |
| 2026-11-20 | 4.8 M | 69 |
| 2026-11-27 | 0.0 M | 43 |
| 2026-12-04 | 0.0 M | 37 |
| 2026-12-11 | 0.0 M | 21 |
| 2026-12-18 | -11.1 M | 148 |

| Expiries folded in | Call wall | Put wall | Gamma flip |
|---|---|---|---|
| 1 | 121.00 | 116.00 | 120.95 |
| 2 | 114.00 | 105.00 | 113.88 |
| 3 | 114.00 | 105.00 | 113.88 |
| 4 | 114.00 | 105.00 | 113.89 |
| 5 | 114.00 | 105.00 | 113.89 |
| 6 | 120.00 | 107.50 | — |

## About these numbers

Computed by GammaGrid from the XLY options chain — dealer gamma exposure, max pain and the walls are GammaGrid's own arithmetic over open interest; the source data is delayed. Collected 2026-11-09T17:11:02.397077 UTC; this page follows the collection, roughly every fifteen minutes while the market is open.

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

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