Gamma Exposure (GEX) Insights – July 5, 2025
* 📍Key Gamma Wall (Resistance): → 160.98 — Highest positive GEX level (strong call wall / gamma resistance). → 162.5 — Next large call wall, acting as a magnet or rejection pivot. → 165 / 170 — Thin GEX above = squeeze zone if breakout occurs.
* 🧲 Support Side: → 152.5 – 150: HVL + Put Support + GEX pocket. → 140: Second PUT wall, deeper support if breakdown worsens.
* 📉 IV Sentiment: → IVR: 5.6, IVx avg: 37.9 = Low implied volatility. → Current IV crush environment favors debit call spreads or directional long calls with tight risk.
* 📊 Call/Put Flow: → Calls: 3.3%, Puts: -0.53% → Slight bullish bias but not overcrowded — room for gamma expansion.
🔄 Options Trade Setups Based on GEX
Bullish Gamma Squeeze Setup:
🟢 Trigger: Price breaks and holds above 161. 🧨 Target: 165 → 170 (thin GEX zone could cause sharp move). 🛡️ Strategy: Buy 160C / Sell 165C (debit spread) or long 162.5C with defined stop. ⛔ Stop: If NVDA fails to hold above 158.
Bearish Gamma Rejection Setup:
🔴 Trigger: Rejection at 160.98–162.5 zone with volume fade. 🎯 Target: 156.5 → 152. 🛡️ Strategy: Long 160P / Short 155P (bear put spread) or short 162.5C naked if IV allows. ⛔ Stop: Breakout above 162.5 invalidates this setup.
📈 1-Hour Chart Technical Analysis
Structure & Price Action:
* NVDA is in bullish market structure, forming higher lows with a clean CHoCH → BOS → retest play.
* It reclaimed the 159.20 level and is testing the 160.98–162.5 zone — a key area where momentum traders will engage.
Zones to Watch:
* Support: → 156.68 (minor swing support) → 153–152 OB zone (valid bullish OB + HVL)
* Resistance: → 161–162.5 (GEX resistance + supply) → Above 162.5 opens room to 165+
Trend & Volume:
* Strong bullish candle breaking BOS.
* Volume picked up during BOS, but follow-through needs to come with breakout candles or retest hold.
🔍 My Suggestions for Intraday/Swing Traders:
✅ Bullish Setup:
If NVDA holds above 159.20 and reclaims 161, enter on retest of 160.50. TP1: 162.5 TP2: 165 SL: Below 157.80
❌ Bearish Setup:
If price gets rejected near 162 and breaks below 157.80 → short retracement to 153. TP1: 156.5 TP2: 152 SL: Above 162.50
My View: Currently bullish bias but entering a decision zone. Wait for clean breakout with volume, or short rejection if momentum fades. Keep GEX in mind — above 162.5 has little resistance and can rip.
This breakdown is for educational purposes only and not financial advice. Always manage your risk before taking a trade.
* 📍Key Gamma Wall (Resistance): → 160.98 — Highest positive GEX level (strong call wall / gamma resistance). → 162.5 — Next large call wall, acting as a magnet or rejection pivot. → 165 / 170 — Thin GEX above = squeeze zone if breakout occurs.
* 🧲 Support Side: → 152.5 – 150: HVL + Put Support + GEX pocket. → 140: Second PUT wall, deeper support if breakdown worsens.
* 📉 IV Sentiment: → IVR: 5.6, IVx avg: 37.9 = Low implied volatility. → Current IV crush environment favors debit call spreads or directional long calls with tight risk.
* 📊 Call/Put Flow: → Calls: 3.3%, Puts: -0.53% → Slight bullish bias but not overcrowded — room for gamma expansion.
🔄 Options Trade Setups Based on GEX
Bullish Gamma Squeeze Setup:
🟢 Trigger: Price breaks and holds above 161. 🧨 Target: 165 → 170 (thin GEX zone could cause sharp move). 🛡️ Strategy: Buy 160C / Sell 165C (debit spread) or long 162.5C with defined stop. ⛔ Stop: If NVDA fails to hold above 158.
Bearish Gamma Rejection Setup:
🔴 Trigger: Rejection at 160.98–162.5 zone with volume fade. 🎯 Target: 156.5 → 152. 🛡️ Strategy: Long 160P / Short 155P (bear put spread) or short 162.5C naked if IV allows. ⛔ Stop: Breakout above 162.5 invalidates this setup.
📈 1-Hour Chart Technical Analysis
Structure & Price Action:
* NVDA is in bullish market structure, forming higher lows with a clean CHoCH → BOS → retest play.
* It reclaimed the 159.20 level and is testing the 160.98–162.5 zone — a key area where momentum traders will engage.
Zones to Watch:
* Support: → 156.68 (minor swing support) → 153–152 OB zone (valid bullish OB + HVL)
* Resistance: → 161–162.5 (GEX resistance + supply) → Above 162.5 opens room to 165+
Trend & Volume:
* Strong bullish candle breaking BOS.
* Volume picked up during BOS, but follow-through needs to come with breakout candles or retest hold.
🔍 My Suggestions for Intraday/Swing Traders:
✅ Bullish Setup:
If NVDA holds above 159.20 and reclaims 161, enter on retest of 160.50. TP1: 162.5 TP2: 165 SL: Below 157.80
❌ Bearish Setup:
If price gets rejected near 162 and breaks below 157.80 → short retracement to 153. TP1: 156.5 TP2: 152 SL: Above 162.50
My View: Currently bullish bias but entering a decision zone. Wait for clean breakout with volume, or short rejection if momentum fades. Keep GEX in mind — above 162.5 has little resistance and can rip.
This breakdown is for educational purposes only and not financial advice. Always manage your risk before taking a trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.