XLE
Energy Select Sector SPDR FundAs of 2026-10-30 16:14 ET, XLE net GEX is $4.6M per 1% move; XLE call wall is $71; put wall is $67.
Pin this symbol with the PIN button to save it in this browser.
The per-expiry gamma heatmap for XLE is at https://squawkflow.com/gex-heatmap/xle.
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 05:25 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 05:25 ET, SquawkFlow published XLE at $70.02 at the 4:00 PM ET close on 2026-10-30 (+1.91%), net dealer gamma of $4.6M, a call wall at 71, a put wall at 67 and a zero-gamma flip at 69. The gamma figures are computed 2026-10-31 05:25 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/XLE.
MARKET SNAPSHOT
| Call Wall | 71 |
| Put Wall | 67 |
| GEX Flip | 69 |
| Swing Line | 69 |
| Net GEX | $4.6M |
Cached snapshot as of 2026-10-31 05:25 ET, live streaming data in the terminal.
XLE 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 XLE'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 XLE option chain, not the whole book: the 30 strikes nearest spot out of 36 seen, 144 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 |
|---|---|---|---|---|
| 82 | $0 | $0 | $0 | |
| 81 | $0 | $0 | $0 | |
| 80 | $45 | $45 | $0 | |
| 79 | $0 | $0 | $0 | |
| 78 | $0 | $0 | $0 | |
| 77 | $0 | $0 | $0 | |
| 76 | $75 | $75 | $0 | |
| 75 | $9.6K | $9.6K | $0 | |
| 74 | $70.1K | $70.1K | $0 | |
| 73 | $182.2K | $182.2K | $0 | |
| 72 | $2.8M | $2.8M | $0 | |
| 71CALL WALL | $3.6M | $3.6M | -$31.8K | |
| 70SPOT | $940.8K | $1.0M | -$74.8K | |
| 69GEX FLIP | $544.5K | $714.0K | -$169.4K | |
| 68 | -$380.0K | $220.0K | -$600.0K | |
| 67PUT WALL | -$2.6M | $29.1K | -$2.6M | |
| 66 | -$305.1K | $4.3K | -$309.4K | |
| 65 | -$136.5K | $27.9K | -$164.4K | |
| 64 | -$107.2K | $56 | -$107.3K | |
| 63 | -$5.8K | $115 | -$5.9K | |
| 62 | -$13 | $27 | -$40 | |
| 61 | -$57 | $0 | -$57 | |
| 60 | $279 | $294 | -$15 | |
| 59 | $0 | $0 | $0 | |
| 58 | $9 | $9 | $0 | |
| 57 | $7 | $7 | $0 | |
| 56 | $43 | $43 | $0 | |
| 55 | $35 | $35 | $0 | |
| 54 | $41 | $41 | $0 | |
| 53 | $35 | $35 | $0 |
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.
COMMON QUESTIONS
- What was the last XLE price on this page?
- XLE close, Oct 30: $70.02 (+1.91%), as of 2026-10-31 05:25 ET.
- What are the XLE call wall and put wall?
- As of 2026-10-31 05:25 ET, the XLE call wall was at 71 and the put wall at 67, computed 2026-10-31 05:25 ET from the open interest carried on the option chain at that time.
- What is XLE net dealer gamma?
- As of 2026-10-31 05:25 ET, net dealer gamma for XLE was $4.6M, Positive gamma. Dealer positioning is an assumption, not an observable.
- Where is the XLE gamma flip?
- As of 2026-10-31 05:25 ET, the XLE zero-gamma flip was at 69, computed 2026-10-31 05:25 ET from the open interest carried on the option chain at that time.
- How often do these XLE 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 XLE
XLE is an exchange-traded fund tracking the U.S. energy sector. Its holdings include oil producers, refiners, and oilfield services companies.
WHY TRACK XLE ON SQUAWKFLOW
XLE options flow is the primary energy sector directional signal. Institutional positioning correlates with crude oil futures curves, OPEC+ meeting outcomes, and seasonal refining demand patterns.
XLE DATA ON SQUAWKFLOW
Options Flow
XLE options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last XLE price, change, volume, and the current dealer-gamma regime
GEX Dashboard
XLE gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of XLE market microstructure in real time
News Sentiment
XLE news with AI sentiment scoring and impact analysis
Sector Context
ETFs/Indices sector rotation and relative strength vs peers
Track XLE 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.