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Comparison · 2026

The best gamma exposure (GEX) tools in 2026

Dealer gamma is one of the biggest hidden forces on intraday price — it's why the tape pins some days and runs others. Here are the tools that map it in 2026, what each does, and who it's for. We build one of them, honestly ranked among the rest.

Gamma exposure (GEX) maps where options dealers are positioned — and dealer hedging is one of the biggest hidden forces on intraday price. Positive net GEX means dealers dampen moves (the tape pins and mean-reverts); negative GEX means they amplify them (moves extend). These are the tools that map it in 2026, what each does, and who it's for. We build one of them.

#1NoVo
$79 / $169 mo

Reads the live dealer gamma — net GEX, the gamma-flip line, call/put walls, gravity, expected move — on SPY, QQQ and IWM, draws it on a scalping chart, and is the only one here that also lets you trade it in one click with automated exits. Purpose-built for 0DTE.

Best for: 0DTE index scalpers who want to trade the gamma map, not just read it. (Index ETFs only.)

#2SpotGamma
~$99–$299 mo

The established GEX standard with the broadest coverage — its Equity Hub maps dealer gamma on thousands of individual stocks, plus the TRACE heatmap and HIRO real-time hedging flow. Analytics only.

Best for: Dealer gamma across a wide universe of single-name stocks.

#3OptionsDepth
~$199–$249 mo

Minute-by-minute intraday dealer-gamma positioning with 3D maps, focused on SPX and VIX. The most granular intraday depth in this list. Analytics only.

Best for: Intraday SPX traders who want maximum dealer-positioning granularity.

#4MenthorQ
~$129 mo

Gamma and key levels for SPX, QQQ, VIX and futures, pushed onto TradingView / TrendSpider so the GEX levels sit on the charts you already trade. Analytics only.

Best for: Traders who want gamma levels on their existing charting platform.

#5ConvexValue
~$99+ mo

Quant-grade options and gamma analytics with a data API — build your own GEX views and exposures. Powerful but technical. Analytics/data only.

Best for: Technical / quant users who want to build custom gamma views.

#6GammaLab
~$10–20 mo

A budget option — SPX gamma charts and a real-time gamma feed at the low end of the market. Lighter on features, easy on the wallet. Analytics only.

Best for: Cost-conscious traders who want a basic SPX gamma chart.

#7Tradytics
~$69 mo

Bundles dealer/greek exposure (including GEX-by-strike) with options flow, dark pool and AI signals across a broad universe. Gamma is one feature among many. Analytics/signals only.

Best for: Traders who want gamma plus flow + AI in one cheap sub.

How to choose a GEX tool

Almost every GEX tool is analytics only — it shows you the dealer-positioning map and stops there. The two questions that narrow it down: how many tickers do you need (SpotGamma and Tradytics are broad; OptionsDepth, MenthorQ and NoVo are index-focused), and do you want to act on the map inside the same tool? On that second question NoVo is the outlier — it's the only one that turns the gamma read into a one-click trade with automated exits. If you want the widest single-name coverage, SpotGamma leads; if you scalp the index ETFs off gamma, that's NoVo's lane. See the head-to-head: NoVo vs SpotGamma, or the broader best 0DTE tools.

For information only — not financial advice or an endorsement. Competitor details and prices are from public sources as of 2026 and may change; verify with each provider. NoVo is our product, listed transparently.

The gamma map you can actually trade

NoVo maps live dealer gamma — net GEX, the flip line, the walls — on SPY, QQQ and IWM, and is the only tool here that lets you trade it in one click with automated exits. You decide every entry.

See how NoVo works →
FAQ

Common questions

What is a gamma exposure (GEX) tool?
A GEX tool estimates how options dealers are positioned in gamma and where they'll have to hedge. It surfaces net gamma exposure, the gamma-flip level (where dealer hedging switches from dampening to amplifying moves) and the call/put walls that tend to cap and support price. Traders use it to anticipate where the tape pins and where it breaks.
What is the best GEX / gamma tool?
SpotGamma is the established standard with the widest coverage across thousands of equities. For dealer gamma on the index ETFs specifically — and if you want to trade off the map rather than just read it — NoVo is purpose-built and cheaper on its data tier. OptionsDepth and MenthorQ are strong index-focused analytics alternatives, and GammaLab is the budget pick.
Is gamma exposure data free?
Some sites show delayed or aggregate GEX for free, but live, intraday, per-ticker dealer-gamma maps are almost always paid — the data and compute behind them aren't cheap. NoVo's free market-data page shows public volatility gauges; the live dealer map itself is part of the paid Analyst tier.
Does gamma exposure predict the market?
It's a tendency, not a crystal ball. Positive net GEX makes ranges more likely to hold and price to mean-revert; negative GEX makes moves more likely to extend. But news, momentum and a gamma squeeze can override it — GEX is context that improves your odds, not a guarantee.
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Market data on this page is delayed and provided for general information only — it is not financial advice or a recommendation to trade. VIX/VXN/RVX are ~15-minute delayed (CBOE); index values use E-mini futures. Options trading involves significant risk of loss. © 2026 NoVo Options Trading.