SCHW
Charles Schwab CorporationPrices 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 | 108 |
| Put Wall | 105 |
| GEX Flip | 108 |
| Vol Trigger | 105 |
| Net GEX | $48.4M |
Cached snapshot as of 2026-09-16 06:12 UTC, live streaming data in the terminal.
SCHW 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 SCHW'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 SCHW option chain, not the whole book: the 30 strikes nearest spot out of 62 seen, 1,056 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 |
|---|---|---|---|---|
| 94 | $0 | $0 | $0 | |
| 95 | -$1.0M | $568.2K | -$1.6M | |
| 96 | $629 | $629 | $0 | |
| 97 | -$792 | $233 | -$1.0K | |
| 97.5 | -$639.3K | $657.1K | -$1.3M | |
| 98 | $1.8K | $1.8K | $0 | |
| 99 | -$145.4K | $8.9K | -$154.4K | |
| 100 | -$3.2M | $1.1M | -$4.3M | |
| 101 | -$4.8K | $0 | -$4.8K | |
| 102 | -$14.6K | $0 | -$14.6K | |
| 103 | -$173.0K | $513 | -$173.5K | |
| 104 | -$1.4M | $2.5K | -$1.4M | |
| 105PUT WALL | $17.9M | $25.9M | -$8.1M | |
| 106 | -$1.8M | $47.1K | -$1.9M | |
| 107 | -$1.8M | $785.5K | -$2.6M | |
| 108SPOTCALL WALLGEX FLIP | $16.6M | $19.4M | -$2.8M | |
| 109 | $562.5K | $588.7K | -$26.2K | |
| 110 | $5.7M | $16.3M | -$10.7M | |
| 111 | $1.3M | $1.3M | $0 | |
| 112 | $340.0K | $340.0K | $0 | |
| 113 | $142.3K | $142.3K | $0 | |
| 114 | $99.4K | $99.4K | $0 | |
| 115 | $12.3M | $12.8M | -$490.4K | |
| 116 | $17.2K | $17.2K | $0 | |
| 117 | $92.0K | $92.0K | $0 | |
| 118 | $0 | $0 | $0 | |
| 119 | $0 | $0 | $0 | |
| 120 | $3.7M | $3.8M | -$26.3K | |
| 121 | $0 | $0 | $0 | |
| 122 | $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 SCHW
Charles Schwab operates one of the largest brokerage and wealth management firms in the U.S. with over 35 million client accounts. Following its TD Ameritrade acquisition, the company provides trading, banking, financial advisory, and custody services for independent advisors.
WHY TRACK SCHW ON SQUAWKFLOW
SCHW options flow is a barometer for retail trading activity and brokerage industry health. Deposit outflow concerns and interest rate sensitivity create significant options volatility. Client asset growth and net new asset data drive institutional positioning.
SCHW DATA ON SQUAWKFLOW
Options Flow
SCHW options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last SCHW price, change, volume, and the current dealer-gamma regime
GEX Dashboard
SCHW gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of SCHW market microstructure in real time
News Sentiment
SCHW news with AI sentiment scoring and impact analysis
Sector Context
Finance sector rotation and relative strength vs peers
Track SCHW 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 and how dealer hedging creates support and resistance levels in the market.