EWZ
iShares MSCI Brazil ETFThe 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 2026-10-08 16:10 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 2026-10-08 16:10 ET, SquawkFlow published EWZ at $42.59 at the 4:00 PM ET close on 2026-10-08 (+0.52%), net dealer gamma of $792.9M, a call wall at 43, a put wall at 36 and a zero-gamma flip at 42.5. The gamma figures are computed 2026-10-08 16:10 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/EWZ.
MARKET SNAPSHOT
| Call Wall | 43 |
| Put Wall | 36 |
| GEX Flip | 42.5 |
| Vol Trigger | 37.5 |
| Net GEX | $792.9M |
Cached snapshot as of 2026-10-08 16:10 ET, live streaming data in the terminal.
EWZ 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 EWZ'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 EWZ option chain, not the whole book: the 30 strikes nearest spot out of 58 seen, 1,528 contract rows spanning 22 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.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 35.5 | -$682.2K | $6.6K | -$688.8K | |
| 36PUT WALL | -$12.4M | $2.4M | -$14.8M | |
| 36.5 | -$216.4K | $69.3K | -$285.6K | |
| 37 | -$2.4M | $8.8M | -$11.2M | |
| 37.5 | $153.1K | $297.3K | -$144.2K | |
| 38 | $11.9M | $23.0M | -$11.1M | |
| 38.5 | -$96.8K | $206.8K | -$303.5K | |
| 39 | $35.4M | $40.7M | -$5.3M | |
| 39.5 | $774.2K | $878.7K | -$104.5K | |
| 40 | $48.0M | $56.1M | -$8.1M | |
| 40.5 | $805.2K | $1.7M | -$890.3K | |
| 41 | $60.3M | $63.8M | -$3.4M | |
| 41.5 | -$247.8K | $673.7K | -$921.5K | |
| 42 | $131.7M | $142.7M | -$11.0M | |
| 42.5SPOTGEX FLIP | -$1.4M | $4.8M | -$6.2M | |
| 43CALL WALL | $163.2M | $178.5M | -$15.3M | |
| 43.5 | $763.4K | $795.5K | -$32.1K | |
| 44 | $68.8M | $69.6M | -$764.8K | |
| 44.5 | $1.4M | $1.4M | $0 | |
| 45 | $132.0M | $132.3M | -$382.5K | |
| 45.5 | $29.2K | $29.5K | -$323 | |
| 46 | $55.7M | $55.8M | -$38.4K | |
| 46.5 | $96.7K | $96.7K | $0 | |
| 47 | $23.6M | $23.8M | -$190.8K | |
| 47.5 | $8.8K | $8.8K | $0 | |
| 48 | $24.5M | $24.6M | -$131.3K | |
| 48.5 | $260 | $260 | $0 | |
| 49 | $11.9M | $11.9M | -$12.0K | |
| 49.5 | $0 | $0 | $0 | |
| 50 | $39.2M | $39.3M | -$112.3K |
These levels were captured October 8, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT EWZ
EWZ (Brazil) per-strike dealer gamma, call and put walls. EWZ is the iShares MSCI Brazil ETF, which tracks large and mid cap Brazilian stocks, concentrated in banks, energy and mining names such as Petrobras and Vale. It is priced in US dollars, so its moves include the real against the dollar.
WHY TRACK EWZ ON SQUAWKFLOW
EWZ is the deepest US-listed options market on Brazilian equities, combining a view on Brazilian stocks, commodities and the currency in one contract. This page publishes EWZ per-strike dealer gamma, computed from settled open interest, with call and put walls.
EWZ DATA ON SQUAWKFLOW
Options Flow
EWZ options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last EWZ price, change, volume, and the current dealer-gamma regime
GEX Dashboard
EWZ gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of EWZ market microstructure in real time
News Sentiment
EWZ news with AI sentiment scoring and impact analysis
Sector Context
ETFs/Indices sector rotation and relative strength vs peers
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