Direxion Daily Financial ... (FAS)
AMEX: FAS
· Real-Time Price · USD
176.45
8.42 (5.01%)
At close: Aug 22, 2025, 3:59 PM
176.69
0.14%
After-hours: Aug 22, 2025, 06:45 PM EDT
FAS Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for FAS across all expirations is 38,800.96 shares per 1% move, with 47,589.12 from calls and 8,788.16 from puts. The put-call GEX ratio of 0.18 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness. The highest gamma concentration is at the Aug 29, 25 expiration with 12,568.33 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 29, 25 suggests potential support from positive gamma hedging flows.
FAS GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 29, 25 | 14,932.48 | -2,364.15 | 12,568.33 | 0.16 |
| Sep 5, 25 | 623.22 | -360.12 | 263.1 | 0.58 |
| Sep 12, 25 | 254.25 | -297.64 | -43.39 | 1.17 |
| Sep 19, 25 | 6,404.89 | -850.21 | 5,554.68 | 0.13 |
| Sep 26, 25 | 482.79 | -152.44 | 330.35 | 0.32 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 4,331.46 | -2,435.18 | 1,896.28 | 0.56 |
| Jan 16, 26 | 12,845.27 | -1,925.1 | 10,920.17 | 0.15 |
| Apr 17, 26 | 2.1 | -5.38 | -3.28 | 2.56 |
| Dec 18, 26 | 259.66 | -57.49 | 202.17 | 0.22 |
| Jan 15, 27 | 7,453 | -340.45 | 7,112.55 | 0.05 |