ProShares - Ultra S&P500 (SSO)
SSO Daily Gamma Exposure
Current Gamma Exposure (GEX) is -18.12K, which is 389% below the 3M average of 6.27K. Over this period, GEX peaked at 9.31K on Jun 26, 2025 and bottomed at -19.85K on Aug 19, 2025, showing a shift between positive and negative gamma regimes. The exposure has been decreasing recently, indicating reduced hedging flows that may amplify price swings. Today's put-call gamma ratio of 1.66 is elevated versus the recent average of 0.71, suggesting increased put hedging. High GEX volatility (±5.33K) suggests frequent repositioning and potential regime changes.
GEX History
Date | Call GEX | Put GEX | Net GEX | P/C GEX |
---|---|---|---|---|
Aug 20, 2025 | 27,275.87 | -45,392.39 | -18,116.52 | 1.66 |
Aug 19, 2025 | 24,244.75 | -44,099.08 | -19,854.33 | 1.82 |
Aug 18, 2025 | 22,852.99 | -27,324.39 | -4,471.4 | 1.20 |
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