SNAP
Snap 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 | 6 |
| Put Wall | 5.5 |
| GEX Flip | 5.5 |
| Vol Trigger | 5.5 |
| Net GEX | $1.7M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
SNAP 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 SNAP'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 SNAP option chain, not the whole book: 23 strikes around spot, 84 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.
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 |
|---|---|---|---|---|
| 0.5 | $11 | $11 | -$0 | |
| 1 | $19 | $19 | -$0 | |
| 1.5 | $16 | $16 | -$0 | |
| 2 | -$23 | $40 | -$64 | |
| 2.5 | $35 | $35 | $0 | |
| 3 | -$376 | $251 | -$627 | |
| 3.5 | $67 | $67 | $0 | |
| 4 | -$15.0K | $3.0K | -$18.0K | |
| 4.5 | -$1.4K | $361 | -$1.8K | |
| 5 | -$53.1K | $73.6K | -$126.7K | |
| 5.5PUT WALLGEX FLIP | $43.3K | $222.0K | -$178.6K | |
| 6SPOTCALL WALL | $1.3M | $1.4M | -$147.4K | |
| 6.5 | $158.8K | $159.8K | -$1.0K | |
| 7 | $205.4K | $234.4K | -$29.0K | |
| 7.5 | $12.4K | $12.4K | -$60 | |
| 8 | $59.7K | $60.6K | -$905 | |
| 8.5 | $57 | $76 | -$19 | |
| 9 | $6.0K | $6.0K | -$44 | |
| 9.5 | -$3 | $0 | -$3 | |
| 10 | $11.5K | $11.5K | -$5 | |
| 11 | $1.4K | $1.4K | $0 | |
| 12 | $5.8K | $5.8K | -$2 | |
| 15 | $1.1K | $1.1K | $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 SNAP
Snap operates Snapchat, a visual messaging and social media platform with features including Stories, Spotlight short videos, augmented reality Lenses, Snap Map, and My AI chatbot. The company generates revenue primarily through advertising.
WHY TRACK SNAP ON SQUAWKFLOW
SNAP options are a leading indicator for digital advertising spend among younger demographics. Earnings moves in SNAP are among the most extreme in large-cap tech, with 20%+ post-earnings swings common. Ad revenue trends signal broader social media monetization health.
SNAP DATA ON SQUAWKFLOW
Options Flow
SNAP options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last SNAP price, change, volume, and the current dealer-gamma regime
GEX Dashboard
SNAP gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of SNAP market microstructure in real time
News Sentiment
SNAP news with AI sentiment scoring and impact analysis
Sector Context
Technology sector rotation and relative strength vs peers
Track SNAP in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
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