ProShares - Russell 2000 ... (SMDV)
CBOE: SMDV
· Real-Time Price · USD
68.53
-0.41 (-0.59%)
At close: Aug 28, 2025, 3:10 PM
SMDV Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SMDV across all expirations is 128.35 shares per 1% move, with 132.36 from calls and 4.01 from puts. The put-call GEX ratio of 0.03 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 Nov 21, 25 expiration with 92.35 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
SMDV GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 9.28 | 0 | 9.28 | 0.00 |
| Oct 17, 25 | 6.31 | 0 | 6.31 | 0.00 |
| Nov 21, 25 | 96.36 | -4.01 | 92.35 | 0.04 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 20.41 | 0 | 20.41 | 0.00 |