IWM
iShares Russell 2000 ETFAs of 2026-10-30 16:14 ET, IWM net GEX is $25.8M per 1% move; IWM call wall is $282; put wall is $275.
Pin this symbol with the PIN button to save it in this browser.
The per-expiry gamma heatmap for IWM is at https://squawkflow.com/gex-heatmap/iwm.
More IWM 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 06:07 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 06:07 ET, SquawkFlow published IWM at $279.33 at the 4:00 PM ET close on 2026-10-30 (-1.65%), net dealer gamma of $25.8M, a call wall at 282, a put wall at 275 and a zero-gamma flip at 279. The gamma figures are computed 2026-10-31 06:07 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/IWM.
MARKET SNAPSHOT
| Call Wall | 282 |
| Put Wall | 275 |
| GEX Flip | 279 |
| Swing Line | 278 |
| Net GEX | $25.8M |
Cached snapshot as of 2026-10-31 06:07 ET, live streaming data in the terminal.
IWM 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 IWM'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 IWM option chain, not the whole book: the 30 strikes nearest spot out of 83 seen, 326 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 |
|---|---|---|---|---|
| 294 | $118.2K | $118.2K | $0 | |
| 293 | $246.3K | $246.3K | $0 | |
| 292 | $506.4K | $509.6K | -$3.2K | |
| 291 | $16.8M | $16.8M | -$9.0K | |
| 290 | $871.1K | $886.0K | -$14.9K | |
| 289 | $2.7M | $2.7M | -$30.8K | |
| 288 | $5.9M | $6.0M | -$19.2K | |
| 287 | $4.3M | $4.4M | -$112.3K | |
| 286 | $5.9M | $6.5M | -$575.4K | |
| 285 | $5.4M | $7.6M | -$2.1M | |
| 284 | $2.2M | $8.6M | -$6.4M | |
| 283 | $2.7M | $7.9M | -$5.2M | |
| 282CALL WALL | $15.9M | $21.9M | -$5.9M | |
| 281 | $4.3M | $9.5M | -$5.2M | |
| 280SPOT | -$1.3M | $13.0M | -$14.3M | |
| 279GEX FLIP | -$4.9M | $6.8M | -$11.7M | |
| 278 | $638.6K | $7.4M | -$6.8M | |
| 277 | -$5.4M | $4.0M | -$9.4M | |
| 276 | -$2.0M | $5.3M | -$7.3M | |
| 275PUT WALL | -$10.5M | $2.1M | -$12.6M | |
| 274 | -$2.7M | $626.1K | -$3.3M | |
| 273 | -$3.1M | $821.2K | -$3.9M | |
| 272 | -$2.8M | $243.0K | -$3.1M | |
| 271 | -$1.7M | $341.8K | -$2.1M | |
| 270 | -$4.1M | $135.7K | -$4.2M | |
| 269 | -$2.2M | $53.1K | -$2.3M | |
| 268 | -$971.0K | $9.3K | -$980.3K | |
| 267 | -$440.6K | $23.9K | -$464.5K | |
| 266 | -$347.3K | $2.7K | -$350.0K | |
| 265 | -$362.9K | $2.8K | -$365.7K |
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.
IWM PUT/CALL RATIO, OCT 30, 2026
As of (the latest completed session), IWM options in the strikes we track traded 96,987 put and 124,599 call contracts, a put/call volume ratio of 0.78; by open interest from the prior settlement the ratio is 0.60. Totals cover listed strikes in the 2 nearest expirations, not every listed strike. Expiry and call/put cells with fewer than 3 traded contracts are left out of every total. Session totals from delayed options chain data, not individual trades. Every figure rests on at least 3 traded contracts. Judge a ratio against this symbol's own range, not against 1.
- 0.78Put/call, volume
- 0.60Put/call, open interest
- 221,586Contracts traded, tracked strikes
IWM unusual options activity, Oct 30, 2026
- IWM puts expiring Nov 13 (2 weeks out) traded 3.7x the calls, vs a 1.5x median
- IWM puts expiring Oct 30 (same day) traded 1.9x the calls, vs a 0.9x median
- IWM puts expiring Nov 2 traded 2.1x the calls, vs a 0.8x median
- IWM puts expiring Nov 4 traded 3.9x the calls, vs a 0.8x median
Every IWM snapshot on the options hub · All unusual options activity, Oct 30, 2026 · What the put/call ratio measures
Session volume from delayed options chain snapshots, published at least 15 minutes after capture. Totals cover the strikes captured around the money, not every listed strike. Not individual trades. Premium is an estimate: volume times the quote midpoint.
COMMON QUESTIONS
- What was the last IWM price on this page?
- IWM close, Oct 30: $279.33 (-1.65%), as of 2026-10-31 06:07 ET.
- What are the IWM call wall and put wall?
- As of 2026-10-31 06:07 ET, the IWM call wall was at 282 and the put wall at 275, computed 2026-10-31 06:07 ET from the open interest carried on the option chain at that time.
- What is IWM net dealer gamma?
- As of 2026-10-31 06:07 ET, net dealer gamma for IWM was $25.8M, Positive gamma. Dealer positioning is an assumption, not an observable.
- Where is the IWM gamma flip?
- As of 2026-10-31 06:07 ET, the IWM zero-gamma flip was at 279, computed 2026-10-31 06:07 ET from the open interest carried on the option chain at that time.
- How often do these IWM 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 IWM
IWM is an exchange-traded fund tracking U.S. small-cap stocks. It provides exposure to companies across sectors.
WHY TRACK IWM ON SQUAWKFLOW
IWM options flow is the primary signal for risk appetite and small-cap rotation. Unusual call buying ahead of Fed meetings often signals expectations for dovish rate decisions that benefit rate-sensitive small caps.
IWM DATA ON SQUAWKFLOW
Options Flow
IWM options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last IWM price, change, volume, and the current dealer-gamma regime
GEX Dashboard
IWM gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of IWM market microstructure in real time
News Sentiment
IWM news with AI sentiment scoring and impact analysis
Sector Context
ETFs/Indices sector rotation and relative strength vs peers
Track IWM in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
Open Terminal →LEARN MORE
A practical guide to reading dealer positioning data and understanding how market maker flows affect price action.
What is Gamma Exposure (GEX)? A Complete GuideUnderstanding gamma exposure: how it is calculated, and how modelled dealer hedging is read as damping or amplifying moves.