VanEck Merk Gold ETF (OUNZ)
AMEX: OUNZ
· Real-Time Price · USD
38.10
0.68 (1.82%)
At close: Oct 06, 2025, 1:18 PM
OUNZ Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for OUNZ across all expirations is 1,212.62 shares per 1% move, with 1,822.68 from calls and 610.06 from puts. The put-call GEX ratio of 0.33 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
OUNZ GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Oct 17, 25 | 540.92 | -165.67 | 375.25 | 0.31 |
| Nov 21, 25 | 100.77 | -2.12 | 98.65 | 0.02 |
| Dec 19, 25 | 1,009.82 | -286.81 | 723.01 | 0.28 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 171.17 | -155.46 | 15.71 | 0.91 |