COP
ConocoPhillipsAs of 2026-10-30 15:59 ET, COP net GEX is $853K per 1% move; COP call wall is $155; put wall is $140.
Pin this symbol with the PIN button to save it in this browser.
More COP options data
The price and the session change are a point-in-time snapshot taken at the time shown. The gamma levels run on a different clock: they are computed 2026-10-31 03:57 ET from the open interest carried on the option chain at that time and are not intraday values. 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.
As of 2026-10-31 03:57 ET, SquawkFlow published COP at $154.03 at the 4:00 PM ET close on 2026-10-30 (+2.67%), net dealer gamma of $853K, a call wall at 155, a put wall at 140 and a zero-gamma flip at 149. The gamma figures are computed 2026-10-31 03:57 ET from the open interest carried on the option chain at that time; dealer positioning is an assumption, not an observable. Source: SquawkFlow, https://squawkflow.com/ticker/COP.
MARKET SNAPSHOT
| Call Wall | 155 |
| Put Wall | 140 |
| GEX Flip | 149 |
| Swing Line | 142 |
| Net GEX | $853K |
Cached snapshot as of 2026-10-31 03:57 ET, live streaming data in the terminal.
COP 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 COP'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 COP option chain, not the whole book: the 30 strikes nearest spot out of 62 seen, 248 contract rows spanning 2 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. These rows came from the last chain saved to disk, not from a fresh provider response, so the vintage is older than the calculation time.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
All captured expirations. Chain as of .
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 175 | $14.3K | $14.3K | $0 | |
| 172.5 | $0 | $0 | $0 | |
| 170 | $6.9K | $6.9K | $0 | |
| 167.5 | $7.9K | $7.9K | $0 | |
| 165 | $28.7K | $28.7K | $0 | |
| 162.5 | $8.5K | $8.5K | $0 | |
| 160 | $87.1K | $87.1K | $0 | |
| 157.5 | $42.6K | $42.6K | $0 | |
| 155CALL WALL | $141.2K | $143.0K | -$1.8K | |
| 152.5SPOT | $538.6K | $553.8K | -$15.2K | |
| 150 | $73.8K | $313.4K | -$239.6K | |
| 149GEX FLIP | $13.4K | $30.5K | -$17.1K | |
| 148 | -$140.0K | $86.0K | -$226.0K | |
| 147 | -$11.1K | $64.6K | -$75.7K | |
| 146 | $6.4K | $27.0K | -$20.6K | |
| 145 | -$1.2K | $109.5K | -$110.8K | |
| 144 | $24.6K | $39.2K | -$14.6K | |
| 143 | $23.5K | $44.0K | -$20.5K | |
| 142 | $150.8K | $198.1K | -$47.4K | |
| 141 | -$17.6K | $14.6K | -$32.3K | |
| 140PUT WALL | -$298.3K | $95.1K | -$393.4K | |
| 139 | $50.4K | $63.2K | -$12.8K | |
| 138 | $56.5K | $71.5K | -$15.0K | |
| 137 | $36.5K | $53.9K | -$17.4K | |
| 136 | $10.5K | $26.1K | -$15.6K | |
| 135 | $955 | $20.5K | -$19.6K | |
| 134 | -$1.5K | $4.1K | -$5.6K | |
| 133 | -$829 | $276 | -$1.1K | |
| 132 | $4.0K | $4.6K | -$614 | |
| 131 | -$3.4K | $191 | -$3.6K |
These levels were captured October 31, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
COMMON QUESTIONS
- What was the last COP price on this page?
- COP close, Oct 30: $154.03 (+2.67%), as of 2026-10-31 03:57 ET.
- What are the COP call wall and put wall?
- As of 2026-10-31 03:57 ET, the COP call wall was at 155 and the put wall at 140, computed 2026-10-31 03:57 ET from the open interest carried on the option chain at that time.
- What is COP net dealer gamma?
- As of 2026-10-31 03:57 ET, net dealer gamma for COP was $853K, Positive gamma. Dealer positioning is an assumption, not an observable.
- Where is the COP gamma flip?
- As of 2026-10-31 03:57 ET, the COP zero-gamma flip was at 149, computed 2026-10-31 03:57 ET from the open interest carried on the option chain at that time.
- How often do these COP figures change?
- The price is a snapshot taken at the time shown. The gamma levels come from open interest that settles once per trading day, and the page refreshes at most once an hour.
ABOUT COP
ConocoPhillips explores for and produces oil and gas. Its operations include Alaska, the continental United States, Canada, and international liquefied natural gas projects.
WHY TRACK COP ON SQUAWKFLOW
COP options flow is a pure-play E&P signal. Unusual call activity often precedes WTI crude price moves, and institutional positioning reflects views on U.S. shale production growth rates.
COP IN 13F FILINGS
2 of the 8 managers in SquawkFlow's 13F cohort with a filing on record reported shares of COP (filed as CONOCOPHILLIPS, class COM) in their most recent Form 13F filing (newest: 2026-Q2, filed August 13, 2026). A 13F is filed up to 45 days after the quarter ends, so it is a dated snapshot, not a trade record.
- Renaissance Technologies LLC reported 2,022,465 shares ($210M) at the end of 2026-Q2, filed August 13, 2026. 2026-Q2 filing
- Bridgewater Associates LP reported 22,937 shares ($2.4M) at the end of 2026-Q2, filed August 14, 2026. 2026-Q2 filing
Form 13F reports long positions in 13(f) securities held on the last day of the quarter. It excludes short positions, cash, and assets outside 13(f) scope. An absent security is not evidence of a sale. Matched on the issuer name and share class as filed. The cohort is a named set of managers, not every 13F filer. All cohort managers
COP DATA ON SQUAWKFLOW
Options Flow
COP options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last COP price, change, volume, and the current dealer-gamma regime
GEX Dashboard
COP gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of COP market microstructure in real time
News Sentiment
COP news with AI sentiment scoring and impact analysis
Sector Context
Energy sector rotation and relative strength vs peers
Track COP in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
Open Terminal →LEARN MORE
How to identify and trade sector rotation patterns as institutions move capital between market sectors.
VIX Volatility Index: The Complete Guide to the Fear GaugeEverything you need to know about the VIX, how it is calculated, what it means, and how to trade it.