XLU
State Street Utilities Select Sector SPDR ETFThe 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 2026-10-20 03:01 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 2026-10-20 03:01 ET, SquawkFlow published XLU at $41.36 (-2.06% delayed, as of 2026-10-19 15:59 ET), net dealer gamma of $45.1M, a call wall at 42, a put wall at 41 and a zero-gamma flip at 40. The gamma figures are computed 2026-10-20 03:01 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/XLU.
MARKET SNAPSHOT
| Call Wall | 42 |
| Put Wall | 41 |
| GEX Flip | 40 |
| Swing Line | 41 |
| Net GEX | $45.1M |
Cached snapshot as of 2026-10-20 03:01 ET, live streaming data in the terminal.
XLU 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 XLU'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 XLU 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 |
|---|---|---|---|---|
| 35 | $205 | $273 | -$68 | |
| 35.5 | -$27 | $0 | -$27 | |
| 36 | -$2.2K | $82 | -$2.3K | |
| 37 | -$12.1K | $865 | -$13.0K | |
| 37.5 | -$4.9K | $68 | -$5.0K | |
| 38 | -$270.3K | $1.1K | -$271.5K | |
| 38.5 | -$32.1K | $2.8K | -$34.9K | |
| 39 | -$255.4K | $135.5K | -$390.9K | |
| 39.5 | -$766.6K | $65.1K | -$831.6K | |
| 40GEX FLIP | $1.1M | $1.8M | -$653.8K | |
| 40.5 | $2.2M | $3.5M | -$1.3M | |
| 41PUT WALL | $14.3M | $17.1M | -$2.8M | |
| 41.5SPOT | $1.2M | $3.0M | -$1.8M | |
| 42CALL WALL | $19.8M | $20.1M | -$329.2K | |
| 42.5 | $3.5M | $3.5M | -$40.4K | |
| 43 | $3.6M | $3.6M | -$16.2K | |
| 43.5 | $141.5K | $141.5K | $0 | |
| 44 | $508.7K | $509.3K | -$557 | |
| 44.5 | $6.8K | $7.1K | -$302 | |
| 45 | $30.0K | $30.0K | $0 | |
| 45.5 | $7.5K | $7.5K | $0 | |
| 46 | $6.0K | $6.0K | $0 | |
| 46.5 | $445 | $445 | $0 | |
| 47 | $153 | $153 | $0 | |
| 47.5 | $15 | $15 | $0 | |
| 48 | $0 | $0 | $0 | |
| 48.5 | $0 | $0 | $0 | |
| 49 | $0 | $0 | $0 | |
| 50 | $0 | $0 | $0 | |
| 51 | $0 | $0 | $0 |
These levels were captured October 20, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT XLU
State Street Utilities Select Sector SPDR ETF is an exchange-traded fund listed on NYSE Arca under the symbol XLU.
WHY TRACK XLU ON SQUAWKFLOW
XLU has an active listed options market. This page computes XLU dealer gamma by strike from its listed options chain, with the call wall, the put wall and the Flip Line. The chain behind these figures refreshes a few times each session, and every reading carries the time of the chain it came from.
XLU DATA ON SQUAWKFLOW
Options Flow
XLU options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last XLU price, change, volume, and the current dealer-gamma regime
GEX Dashboard
XLU gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of XLU market microstructure in real time
News Sentiment
XLU news with AI sentiment scoring and impact analysis
Sector Context
ETFs/Indices sector rotation and relative strength vs peers
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