NQ · gamma levels · futures-native

NQ GEX Levels

Map NDX dealer gamma onto your NQ chart to time intraday acceleration and pullback levels.

NQ (E-mini Nasdaq-100 futures) is more volatile and especially sensitive to dealer gamma structure. HermesGEX computes NDX gamma / delta exposure per contract from official exchange options-chain data and maps it onto your NQ (and micro MNQ) chart — call/put walls, Zero Gamma and HVL overlaid without leaving your order-entry environment.

Why 0DTE matters for NQ

Nasdaq-100 options also expire daily (0DTE). In a negative-gamma regime, dealer hedging amplifies NQ’s intraday swings — sharper breakouts, faster pullbacks; reading the 0DTE gamma line materially improves entry timing.

The NQ levels worth watching

  • Call Wall — upside cap where NQ rallies often stall
  • Put Wall — downside floor where NQ dips often find support
  • Zero Gamma — regime line separating range from trend days
  • HVL — heaviest-gamma strike; NQ’s intraday center of gravity

Full definitions of each level are in the GEX glossary.

New to GEX? Start with the gamma exposure guide, or browse all GEX levels.

See NQ GEX live on your chart

Install one platform plugin — refreshed roughly every 5 seconds:

Frequently asked questions

Are NQ gamma levels accurate?

Levels come from dealer gamma computed per contract across the full NDX options chain, mapped to NQ / MNQ; a futures-index basis exists and is converted automatically — the Sierra Chart build also allows manual basis calibration.

How do I see NQ GEX live on a chart?

Install the NinjaTrader, Sierra Chart, MotiveWave or ATAS plugin and NQ gamma levels render right on your chart, refreshed roughly every 5 seconds; the web Options Desk works too.

Verify for free before you decide

Sign up for an ES/NQ GEX preview and the public GEX heatmap — no credit card. Second-by-second live data needs a subscription (Essential and up).

Other instruments

Market and options data come from official exchange options-chain data; gamma exposure is a model estimate for research and education only, and is not investment advice. Futures trading carries significant risk — assess it yourself.

NQ GEX Levels | Gamma Exposure, Call & Put Walls | HermesGEX