# SPX Put Wall Today: 7300 (Nov 6)

- Source: SquawkFlow (https://squawkflow.com/put-wall)
- As of: Nov 6, 08:15 ET

As of Nov 6, 08:15 ET, the SPX put wall is $7300 (est.), from the full SPX option chain with open interest settled Nov 5, method gex_v2.

## What a put wall is

A put wall is the strike at or below spot with the most put gamma in our model. It is computed from settled open interest under an assumed dealer positioning; it describes modeled exposure, not where price goes.

## Key Levels

| Metric | Value |
| :--- | :--- |
| Put Wall (est.) | $7300 |
| Call Wall (est.) | $8100 |
| Flip Line (est.) | $7589.11 |
| SPX last price | $7376.86 |
| Method | gex_v2 |

## Methodology Note

Full SPX option chain, every listed expiration and strike, 20,738 contract rows, crossed with settled open interest. The gamma sign describes modeled net exposure under the assumed dealer positioning, not a forecast of volatility or direction.

## Frequently Asked Questions

### What is a put wall?

A put wall is the strike at or below spot with the most put gamma in our model. It is computed from settled open interest under an assumed dealer positioning; it describes modeled exposure, not where price goes.

### What is the SPX put wall today?

It is the SPX strike at or below spot with the most put gamma in our model. The SPX put wall is currently $7300 (est.). The level is rebuilt from each settlement of open interest and dated at the top of this page.

### How is the put wall different from the call wall?

The call wall is the strike at or above spot with the most call gamma in our model. The put wall is the matching strike on the put side, at or below spot. Both come from the same book and describe modeled exposure.

### Why does the put wall change?

Open interest settles once a day, so the put wall is rebuilt from each new settlement. It can move when open interest shifts between strikes or when expirations roll off.

## Related

- [SPX gamma exposure](https://squawkflow.com/gex)
- [Gamma heatmap](https://squawkflow.com/gex-heatmap)
- [Call wall and put wall explained](https://squawkflow.com/learn/call-wall-put-wall-explained)