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GEX strike profile — IMAX spot $43.67 · 2026-07-23 · positive-gamma · 1 expiries, 29–29 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 $
500
28+2145
490
430+35223
480
1+98
470
3+246
460
504+70632
45call wall5
2,019+292427
440
36+5748
430
377+58529
420
530+56471
410
668+88527
40put wall2,200
2,429+32723
39250
865+55114
38190
621+31099

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