ADP
Automatic Data Processing IncPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 280 |
| Put Wall | 270 |
| GEX Flip | 277.5 |
| Vol Trigger | 277.5 |
| Net GEX | $1.9M |
Cached snapshot as of 2026-09-16 06:05 UTC, live streaming data in the terminal.
ADP DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near ADP's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the ADP option chain, not the whole book: the 30 strikes nearest spot out of 72 seen, 1,206 contract rows spanning 17 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 240 | -$280.2K | $0 | -$280.2K | |
| 242.5 | $0 | $0 | $0 | |
| 245 | $0 | $0 | $0 | |
| 247.5 | $0 | $0 | $0 | |
| 250 | -$305.8K | $85.1K | -$390.9K | |
| 252.5 | $0 | $0 | $0 | |
| 255 | -$35.5K | $0 | -$35.5K | |
| 257.5 | $0 | $0 | $0 | |
| 260 | -$596.4K | $234.3K | -$830.7K | |
| 262.5 | -$10.5K | $0 | -$10.5K | |
| 265 | $36.4K | $45.6K | -$9.2K | |
| 267.5 | -$13.0K | $0 | -$13.0K | |
| 270PUT WALL | -$2.2M | $1.4M | -$3.6M | |
| 272.5 | -$439.5K | $0 | -$439.5K | |
| 275 | -$356.1K | $252.9K | -$609.0K | |
| 277.5SPOTGEX FLIP | $72.5K | $72.5K | $0 | |
| 280CALL WALL | $3.5M | $3.5M | -$79.4K | |
| 282.5 | $256.7K | $256.7K | $0 | |
| 285 | $53.9K | $53.9K | $0 | |
| 287.5 | $177.1K | $177.1K | $0 | |
| 290 | $599.3K | $610.5K | -$11.1K | |
| 292.5 | $24.7K | $24.7K | $0 | |
| 295 | $46.6K | $46.6K | $0 | |
| 297.5 | $0 | $0 | $0 | |
| 300 | $653.2K | $653.2K | $0 | |
| 302.5 | $0 | $0 | $0 | |
| 305 | $0 | $0 | $0 | |
| 307.5 | $0 | $0 | $0 | |
| 310 | $838.4K | $838.4K | $0 | |
| 315 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT ADP
ADP is the largest payroll and human capital management provider, serving over 1 million clients from small businesses to multinational corporations. Its platform handles payroll processing, tax administration, benefits management, talent management, and HR outsourcing.
WHY TRACK ADP ON SQUAWKFLOW
ADP options flow provides a real-time read on employment trends. ADP National Employment Report data moves markets monthly. Client funds interest income creates rate sensitivity, and pays-per-control metrics signal small business hiring health.
ADP DATA ON SQUAWKFLOW
Options Flow
ADP options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last ADP price, change, volume, and the current dealer-gamma regime
GEX Dashboard
ADP gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of ADP market microstructure in real time
News Sentiment
ADP news with AI sentiment scoring and impact analysis
Sector Context
Finance sector rotation and relative strength vs peers
Track ADP in the Terminal
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