Direxion Daily S&P 500 Bu... (SPXL)
AMEX: SPXL
· Real-Time Price · USD
193.67
8.43 (4.55%)
At close: Aug 22, 2025, 3:59 PM
194.00
0.17%
After-hours: Aug 22, 2025, 07:57 PM EDT
SPXL Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SPXL across all expirations is 31,023.08 shares per 1% move, with 59,395.73 from calls and 28,372.65 from puts. The put-call GEX ratio of 0.48 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 12,203.19 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.
SPXL GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 29, 25 | 14,983.52 | -8,052.99 | 6,930.53 | 0.54 |
| Sep 5, 25 | 2,801.12 | -1,627.69 | 1,173.43 | 0.58 |
| Sep 12, 25 | 1,239.96 | -641.95 | 598.01 | 0.52 |
| Sep 19, 25 | 5,788.16 | -2,957.31 | 2,830.85 | 0.51 |
| Sep 26, 25 | 974.56 | -577.72 | 396.84 | 0.59 |
| Oct 3, 25 | 2.85 | -4.53 | -1.68 | 1.59 |
| Oct 17, 25 | 9,788.52 | -7,727.93 | 2,060.59 | 0.79 |
| Jan 16, 26 | 17,554.29 | -5,351.1 | 12,203.19 | 0.30 |
| Apr 17, 26 | 44.14 | -83.79 | -39.65 | 1.90 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 6,218.61 | -1,347.64 | 4,870.97 | 0.22 |