Updated every 15 minutes

NQ gamma levels today: walls & gamma flip

NDX levels for NQ traders, in NDX index points. NQ trades at a basis to NDX (NQ − NDX) that moves through the session, so add it before reading these on an NQ chart. The MotiveWave extension measures that basis on your own NQ chart; in the web desk you enter it or fill it from delayed quotes.

At 15:59 ET on 2026-10-30, NDX was at 28376.12, 790 points above zero gamma (27586), between the put wall at 28200 and the call wall at 28550. Net GEX was −1.90B per 1% move (negative gamma); the two walls were 350 points apart, 1.23% of spot.

Last session · last update ET · NDX index points

Call wall

28550

The strike carrying the most call-side gamma, at or above zero gamma.

Put wall

28200

The strike carrying the most put-side gamma, at or below zero gamma.

Zero gamma / gamma flip

27586

The price at which modelled net dealer gamma changes sign.

Max pain

31850

The strike where total option payout at expiry is smallest.

Spot 28376.12 · net GEX −1.90B per 1% move · walls and zero gamma from the open-interest book, NDXP 0DTE

GammaTape desk replaying an SPX 0DTE session: a green call wall at 7450, a red put wall at 7350 and an amber zero gamma line near 7389 drawn over the price, with GEX by strike in the right-hand panel.
The desk in replay, SPX session of 2026-06-12: call wall, put wall and zero gamma on the chart, GEX by strike on the right.
See these move on the chart Or draw them inside MotiveWave

The four numbers above are the headline, free and without an account. The strike ladder and session replay are in the product: 30-day replay from $24/month on Starter; 90 days and the volume book on Pro at $49/month.

Questions

Which chain are these NQ levels computed from?
The NDXP 0DTE chain — Nasdaq-100 index options. NQ is a future on that same index, so the positioning is the same book; on an NQ chart the levels sit one futures basis (NQ minus NDX) away.
Are the numbers on this page NQ prices?
No. They are NDX index points. To place them on an NQ chart, add the basis at the moment you read them; it moves through the session, and a page refreshed every 15 minutes does not guess it. The MotiveWave extension measures it on your own NQ chart and draws the levels at NQ prices, on the Max plan ($99/month); in the web desk you enter it or fill it from delayed quotes.
Why do NQ walls sit further apart than ES walls?
NDX trades around four times the index level of SPX and carries higher implied volatility, so the same percentage band is a much wider point range. Compare the distance as a percentage of spot, not in points — the read above gives it.
How often does this page update?
Every 15 minutes, from the same engine that recomputes the levels every 3 seconds for the dashboard. The line under the read says when the numbers were computed.

Market analytics, not investment advice. Levels describe options positioning; they are not a forecast. See the methodology for how each level is built, the glossary for what each term means, or the GEX calculator for the arithmetic behind one strike.