Gamma exposure and key levels · Demo

SPX call and put strikes that could act as support and resistance

Recorded in cvforge on June 6, 2026 by ConvexValue · Published July 25, 2026

Where SPX open interest and volume concentrate above and below spot, framed as the levels traders watch for support and resistance.

Exact prompt

show me upcoming call/put levels that could act as support/resistance on $SPX

Data cadence

Live U.S. option snapshots, refreshed through the session. Open interest is an end-of-previous-day figure and updates once daily.

Plan requirements

Runs on the free cvforge app and the free data tier (20 requests/hour). No card needed.

Fields used

gamma, open_interest, day_volume, strike_price, expiration_date, contract_type, underlying_price

How to read it

This is the same underlying data as a gamma profile with the framing traders actually use: which strikes have enough open interest above and below spot to matter. Large call open interest overhead and large put open interest below is the ordinary shape, and the levels worth noting are the ones far larger than their neighbours.

The causal story is weaker than the chart suggests. Concentration marks where contracts were written, which may be a level people chose because it already mattered, rather than a level that matters because contracts were written there.

Change it

The prompt is the interface. Ask for a different ticker, a different expiration window, or an extra column in the same sentence style and the agent edits the app in place — you do not start over, and you do not wait for anyone to build it.

Limitations

  • Snapshot data, not a transaction tape: the build reads the chain as it stands, so it cannot attribute a trade to a buyer or a seller.
  • Open interest updates once a day, so an intraday volume/OI comparison is always this session’s volume against yesterday’s open interest.
  • Contract coverage is U.S. listed equities, ETFs and indices. Indices use the I: prefix, for example I:SPX.
  • Current per-contract valuation is Massive fair market value (FMV), a proprietary estimate. cvforge does not provide option bids, asks, midpoint, quote sizes, NBBO or last trades, and FMV is not an executable quote.
  • Gamma exposure is computed from open interest and a dealer-positioning assumption. The assumption is a convention, not observed positioning.
  • Because open interest is a daily figure, intraday levels move only as spot and implied volatility move, not as positions change.

Related demos

Search focus: spx options support and resistance levels. Related: option strikes as support resistance, spx key option levels. Originally posted on X.