How to Use GEX Screener: A Comprehensive Guide

GEX Screener is a powerful tool that helps traders analyze gamma exposure levels across different stocks and indices. In this comprehensive guide, we'll walk you through how to use GEX Screener effectively to find trading opportunities.
Getting Started with GEX Screener
When you first access the screener, you'll see a list of stocks with their current gamma exposure levels. Here's what each column means:
- Symbol: The stock or index ticker symbol
- Price: Current market price
- GEX: Total gamma exposure at the current price level
- Change: Price change since the previous day
- Volume: Trading volume
Using the Filters
The screener provides several filters to help you find specific setups:
- Price Range: Filter stocks by their current price
- GEX Range: Find stocks with specific gamma exposure levels
- Market Cap: Filter by company size
- Volume: Find stocks with sufficient liquidity
Reading the GEX Chart
When you click on a stock, you'll see its detailed GEX chart. Here's how to interpret it:
- The X-axis shows price levels
- The Y-axis shows gamma exposure at each price level
- Positive GEX indicates potential support levels
- Negative GEX indicates potential resistance levels
- The current price is marked with a vertical line
Premium Features
Premium subscribers get access to additional features:
- Historical GEX data for backtesting
- Advanced filtering options
- Real-time GEX updates
- Custom alerts and notifications
- Export capabilities
Best Practices
Here are some tips for getting the most out of GEX Screener:
- Focus on stocks with significant GEX levels relative to their average daily volume
- Look for price levels where GEX changes from positive to negative or vice versa
- Use GEX data in conjunction with other technical indicators
- Monitor how GEX levels change approaching option expiration dates
Ready to start screening? Visit our screener to begin analyzing gamma exposure levels and finding trading opportunities. If you want access to all features, check out our premium subscription.