
ServiceNow NOW showing interesting GEX dynamics right now
ServiceNow closed at $124, down 2.55% on the day, and the current gamma positioning is really notable here. There's a major call wall sitting at the 120 strike, with the net aggregate GEX staying positive all the way past the current price, which suggests options market makers are likely to add to upward price momentum if the name catches a bid near-term.
Pulled this data up via the Options Engine workflow, super convenient to run through all the key greek exposures in one spot without hopping between half a dozen different tools. Anyone else watching how this gamma setup plays out this week?
This is across all expirations.