How To Trade Nifty Options With The Help of GEX

In today’s options-driven markets, price is no longer just about buyers and sellers in the traditional sense. It is heavily influenced by hedging flows, positioning, and derivative mechanics. Gamma exposure provides a window into that hidden layer of the market.

At 9:33 AM GEX was mostly at 23600 and 23500 showing signs of directional movement if market breaks any of these levels and Nifty spot broke 23600 levels and it didn’t come back to 23500 levels after that and according to premium calculation 23550PE should have traded above 104 but only made a high of 85 so both combined together gives us a clear understanding that which side is the market tilted for intraday players.

GEX levels at 9:33 AM

In short it was a day for Put credit spread where expiry should be above 23600 levels as it is 0 DTE and SL is that 23500 should not be breached.

PL for the Day