XLE
Energy Select Sector SPDR FundPrices 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 | 66 |
| Put Wall | 60 |
| GEX Flip | 64.5 |
| Vol Trigger | 60 |
| Net GEX | $88.8M |
Cached snapshot as of 2026-09-16 06:05 UTC, 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 79 seen, 1,534 contract rows spanning 25 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 |
|---|---|---|---|---|
| 58.5 | -$324.0K | $0 | -$324.0K | |
| 59 | -$739.3K | $2.0M | -$2.8M | |
| 59.5 | -$13.8K | $0 | -$13.8K | |
| 60PUT WALL | $3.9M | $28.9M | -$25.1M | |
| 60.5 | -$50.1K | $0 | -$50.1K | |
| 61 | -$3.3M | $809.4K | -$4.1M | |
| 61.5 | -$463.5K | $0 | -$463.5K | |
| 62 | -$9.7M | $2.3M | -$12.0M | |
| 62.5 | -$392.9K | $14.2M | -$14.6M | |
| 63 | -$12.3M | $6.4M | -$18.8M | |
| 63.5 | -$4.0M | $506.4K | -$4.6M | |
| 64 | -$11.2M | $5.3M | -$16.4M | |
| 64.5GEX FLIP | $544.2K | $2.2M | -$1.6M | |
| 65 | $54.0M | $73.8M | -$19.8M | |
| 65.5 | $134.1K | $183.5K | -$49.4K | |
| 66SPOTCALL WALL | $21.2M | $23.6M | -$2.4M | |
| 66.5 | $293.4K | $293.4K | $0 | |
| 67 | $11.6M | $12.0M | -$323.4K | |
| 67.5 | $12.4M | $12.6M | -$171.9K | |
| 68 | $3.6M | $3.7M | -$143.5K | |
| 68.5 | $197.3K | $197.3K | $0 | |
| 69 | $2.9M | $2.9M | -$20.1K | |
| 69.5 | $4.2K | $4.2K | $0 | |
| 70 | $17.9M | $18.0M | -$144.2K | |
| 70.5 | $2.6K | $2.6K | $0 | |
| 71 | $1.6M | $1.6M | -$3.1K | |
| 71.5 | $192 | $192 | $0 | |
| 72 | $257.9K | $257.9K | $0 | |
| 72.5 | $712.5K | $712.5K | $0 | |
| 73 | $65.6K | $65.6K | $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 XLE
XLE tracks the energy sector of the S&P 500, dominated by ExxonMobil and Chevron which together make up roughly 40% of the fund. It provides diversified exposure to integrated oil, E&P, refining, and oilfield services companies. XLE is the primary vehicle for trading the energy sector as a whole.
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
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