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GEX strike profile — CRM spot $157.74 · flip $167.40 · 2026-07-23 · negative-gamma · 3 expiries, 1–15 DTE

Each row is a strike, summed across ALL expiries in the window above (front ~3 weeks of the board — not 0DTE, not a single expiry). Bar = net dealer gamma at that strike (green right = positive/pinning, red left = negative/amplifying). Put OI / call OI show where contracts are actually open — the positioning distribution behind the walls. Highlighted row ≈ spot.

strikeput OInet γ per strikecall OIγ $
172.5549
3,275+185350
170call wall3,451
5,029+210446
167.5⊘ flip1,003
899-275348
1653,254
2,419-1M
162.52,407
326-3M
1603,927
1,158-4M
157.52,042
75-5M
1554,899
1,101-7M
152.52,227
16-2M
150put wall5,188
1,247-1M
149221
13-72276
148790
4-172358
14797
6-10105
146398
4-155724
1452,147
36-632231
14453
16+1059
14397
2-11872
14296
3-5342

Dealer-sign convention assumed (long calls / short puts); OI is end-of-day lagged. High-traffic zones, not prophecy.