โ Frequently Asked Questions
Quick answers. For deeper dives see What is GEX?, Data & Methodology, and the Glossary.
What is GammaBaba?
GammaBaba is a web-based options data visualization platform. It transforms US equity options data into interactive GEX heatmaps, candlestick charts with gamma overlays, live options-flow feeds, 3D volatility surfaces, and comparison dashboards. It is informational โ not financial advice and not a brokerage.
Which tickers are supported?
Any optionable US stock or ETF โ approximately 6,000+ symbols including SPY, QQQ, AAPL, TSLA, NVDA, AMD, GOOGL, META, MSFT, IWM, DIA, GLD, TLT, and many more.
How often is the GEX data updated?
You choose the refresh interval: 1 minute, 5 minutes, 15 minutes, 1 hour, or 4 hours. Data reflects the most recent options-chain snapshot at that cadence during market hours.
What is the King Strike?
The King Strike is the single strike price with the highest total |GEX| on the board. It's often the most important level to watch because dealer hedging concentrates around it.
How do I read the heatmap colors?
Rows are strike prices, columns are expirations. Blue cells represent call walls (concentrated positive gamma from calls โ price tends to be drawn toward them). Green cells represent put walls (concentrated negative gamma from puts โ often act as support). See the Reading the Heatmap guide for the full breakdown.
Does GammaBaba execute trades?
No. GammaBaba has zero trade execution and zero brokerage connections. We do not provide trading signals or personalized financial advice. All data and visualizations are for informational and educational purposes only.
Is GammaBaba free?
Yes โ core visualization tools are free to use. Some features may require an account.
What does a gamma squeeze look like on the heatmap?
Rapid build-up of call-side gamma at strikes above spot, combined with price climbing through them, often indicates the setup. See the Gamma Squeeze Explained guide.
Why is my ticker missing data?
Low-volume or low-open-interest names may have sparse option chains. If a ticker has no listed options or no meaningful open interest, GEX can't be computed.
How is GEX calculated?
Broadly: sum of contract gamma ร open interest ร contract multiplier, with calls and puts weighted for typical dealer positioning. See Data & Methodology for the details and assumptions.