WMB
Williams CompaniesPrices 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 | 80 |
| Put Wall | 65 |
| GEX Flip | 72 |
| Vol Trigger | 68 |
| Net GEX | $11.0M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
WMB 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 WMB'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 WMB option chain, not the whole book: the 30 strikes nearest spot out of 48 seen, 738 contract rows spanning 16 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 |
|---|---|---|---|---|
| 55 | -$1.8K | $0 | -$1.8K | |
| 59 | $0 | $0 | $0 | |
| 60 | -$70.1K | $20.3K | -$90.3K | |
| 61 | $0 | $0 | $0 | |
| 62 | $0 | $0 | $0 | |
| 63 | $0 | $0 | $0 | |
| 64 | $0 | $0 | $0 | |
| 65PUT WALL | -$3.8M | $421.9K | -$4.2M | |
| 66 | $0 | $0 | $0 | |
| 67 | $0 | $0 | $0 | |
| 68 | $27.6K | $27.6K | $0 | |
| 69 | -$2.2K | $0 | -$2.2K | |
| 70 | -$2.9M | $658.0K | -$3.5M | |
| 71 | -$31.9K | $95.1K | -$127.0K | |
| 72SPOTGEX FLIP | $249.8K | $364.7K | -$114.8K | |
| 73 | -$367.1K | $108.2K | -$475.3K | |
| 74 | $19.7K | $109.6K | -$90.0K | |
| 75 | $2.3M | $3.5M | -$1.2M | |
| 76 | $30.3K | $45.1K | -$14.8K | |
| 77 | $343.4K | $343.4K | $0 | |
| 78 | $3.2K | $3.2K | $0 | |
| 79 | $0 | $0 | $0 | |
| 80CALL WALL | $14.7M | $14.7M | -$13.0K | |
| 81 | $0 | $0 | $0 | |
| 82 | $0 | $0 | $0 | |
| 83 | $0 | $0 | $0 | |
| 84 | $0 | $0 | $0 | |
| 85 | $399.4K | $399.4K | $0 | |
| 86 | $0 | $0 | $0 | |
| 87 | $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 WMB
Williams Companies is a leading U.S. natural gas infrastructure company that owns and operates the Transco pipeline system, the largest natural gas pipeline in the country by volume. Transco moves roughly 15% of all U.S. natural gas consumed daily, connecting Gulf Coast supply to Northeast demand markets.
WHY TRACK WMB ON SQUAWKFLOW
WMB options flow reflects natural gas pipeline utilization and demand trends. Dividend-focused institutional activity makes WMB a key signal for energy income sector sentiment.
WMB DATA ON SQUAWKFLOW
Options Flow
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Latest Snapshot
Last WMB price, change, volume, and the current dealer-gamma regime
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AI Narration
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Sector Context
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