Gamma exposure extremes
Which chains had the strongest positive and negative normalized gamma exposure on Oct 6, 2026?
Signed whole-chain gamma exposure normalized to 100,000 open contracts. The 25 most positive observations appear first, followed by the 25 most negative; this is a model estimate, not observed dealer inventory. Data through close. Descriptive only, not a recommendation.
At a glance
50 tickers qualified. First five: IEI (116,566,557), TECH (57,854,780), JEPQ (37,486,861), QQQI (35,939,661), FXY (28,203,415).
| # | Ticker | Close | Open interest | GEX per 100k OI |
|---|---|---|---|---|
| 1 | IEI | 113.33 | 85,568 | 116,566,557 |
| 2 | TECH | 72.43 | 81,119 | 57,854,780 |
| 3 | JEPQ | 61.25 | 77,167 | 37,486,861 |
| 4 | QQQI | 56.66 | 61,992 | 35,939,661 |
| 5 | FXY | 57.93 | 102,413 | 28,203,415 |
| 6 | DBA | 28.85 | 138,455 | 28,186,306 |
| 7 | SPXW | 7,823.95 | 4,842,707 | 26,323,636 |
| 8 | AVTR | 15.43 | 125,871 | 25,712,704 |
| 9 | KDP | 31.13 | 63,705 | 22,568,499 |
| 10 | AI | 11.24 | 318,162 | 22,483,105 |
| 11 | SIRI | 26.36 | 264,688 | 21,712,788 |
| 12 | VOO | 716.20 | 117,192 | 21,677,935 |
| 13 | VGT | 129.79 | 120,377 | 19,996,006 |
| 14 | OGN | 13.74 | 90,463 | 18,770,347 |
| 15 | DJX | 515.21 | 50,345 | 18,426,038 |
| 16 | MAGS | 73.90 | 161,134 | 18,275,095 |
| 17 | EWZ | 43.00 | 10,580,410 | 17,892,406 |
| 18 | CANE | 12.25 | 79,857 | 17,525,694 |
| 19 | ET | 20.74 | 1,020,637 | 17,380,703 |
| 20 | EWT | 117.61 | 65,205 | 17,086,632 |
| 21 | WEAT | 25.49 | 179,621 | 16,953,032 |
| 22 | XSP | 781.97 | 795,092 | 16,649,764 |
| 23 | CORN | 19.29 | 129,612 | 16,427,105 |
| 24 | MPLX | 57.77 | 75,490 | 15,901,994 |
| 25 | UUP | 28.90 | 69,770 | 15,858,168 |
| 26 | MUB | 101.02 | 79,488 | -64,072,472 |
| 27 | SHY | 81.13 | 51,630 | -63,061,021 |
| 28 | EMB | 90.95 | 64,653 | -51,900,484 |
| 29 | HYG | 77.27 | 9,832,202 | -48,325,031 |
| 30 | FEZ | 66.79 | 155,306 | -35,301,478 |
| 31 | IHI | 50.93 | 232,788 | -30,905,938 |
| 32 | LQD | 102.14 | 2,825,239 | -22,629,832 |
| 33 | VIXW | 15.03 | 296,469 | -21,067,848 |
| 34 | ROST | 224.21 | 52,463 | -19,158,317 |
| 35 | NYT | 64.07 | 53,558 | -19,076,016 |
| 36 | BN | 37.29 | 73,771 | -18,855,606 |
| 37 | LTH | 40.38 | 66,088 | -17,784,805 |
| 38 | EWG | 41.49 | 52,642 | -15,647,628 |
| 39 | EFA | 104.22 | 1,340,808 | -14,814,007 |
| 40 | IWM | 281.37 | 10,241,416 | -14,576,576 |
| 41 | XLP | 81.77 | 519,461 | -13,915,496 |
| 42 | XEL | 72.73 | 201,684 | -13,808,225 |
| 43 | MTUM | 324.45 | 51,771 | -13,008,146 |
| 44 | IYR | 95.26 | 131,315 | -12,635,926 |
| 45 | ASHR | 32.65 | 556,696 | -11,963,697 |
| 46 | HWM | 231.62 | 63,700 | -11,523,085 |
| 47 | AGNC | 8.70 | 740,695 | -11,394,560 |
| 48 | NVS | 140.79 | 119,554 | -10,760,794 |
| 49 | RUT | 2,830.51 | 770,009 | -9,965,450 |
| 50 | XIFR | 10.38 | 196,434 | -9,707,682 |
Screens describe what the data shows after the close. They are not trade recommendations; see the disclaimer and the methodology.