Schwab U.S. Dividend Equi...

AMEX: SCHD · Real-Time Price · USD
27.96
0.44 (1.60%)
At close: Aug 22, 2025, 3:59 PM
27.97
0.04%
After-hours: Aug 22, 2025, 06:30 PM EDT

SCHD Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for SCHD across all expirations is 237,198.44 shares per 1% move, with 362,498.39 from calls and 125,299.95 from puts. The put-call GEX ratio of 0.35 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 Jan 16, 26 expiration with 58,951.16 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.

SCHD GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 29, 25 47,896.54 -15,175.81 32,720.73 0.32
Sep 5, 25 13,373.07 -1,814.84 11,558.23 0.14
Sep 12, 25 21,784.93 -987.53 20,797.4 0.05
Sep 19, 25 45,010.53 -18,044.65 26,965.88 0.40
Sep 26, 25 12,971.18 -1,204.81 11,766.37 0.09
Oct 3, 25 0 0 0 n/a
Oct 17, 25 90,449.74 -36,127.66 54,322.08 0.40
Jan 16, 26 96,166.67 -37,215.51 58,951.16 0.39
Apr 17, 26 386.61 -388.38 -1.77 1.00
Jun 18, 26 0 0 0 n/a
Jan 15, 27 34,459.12 -14,340.76 20,118.36 0.42