Gamma Exposure By Expiry - Stocknear

S&P 500 Index

INDEX: ^SPX · Real-Time Price · USD
6460.26
-41.60 (-0.64%)
At close: Aug 29, 2025, 3:59 PM

^SPX Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for ^SPX across all expirations is 3,033,885.11 shares per 1% move, with 18,748,336.16 from calls and 15,714,451.05 from puts. The put-call GEX ratio of 0.84 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Sep 19, 25 expiration with 1,061,790.84 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.

^SPX GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 8,847,026.27 -7,785,235.43 1,061,790.84 0.88
Oct 17, 25 1,818,560.61 -1,809,673.8 8,886.81 1.00
Nov 21, 25 949,254.48 -934,049.57 15,204.91 0.98
Dec 19, 25 2,962,973.1 -2,191,803.99 771,169.11 0.74
Jan 16, 26 860,423.23 -716,687.06 143,736.17 0.83
Feb 20, 26 353,922.8 -229,776.58 124,146.22 0.65
Mar 20, 26 780,642.29 -635,798.12 144,844.17 0.81
Apr 17, 26 147,396.64 -90,618.72 56,777.92 0.61
May 15, 26 175,992.36 -99,312.27 76,680.09 0.56
Jun 18, 26 704,340.85 -452,059.28 252,281.57 0.64
Jul 17, 26 192,679.2 -107,209.28 85,469.92 0.56
Aug 21, 26 172,178.88 -60,586.17 111,592.71 0.35
Sep 18, 26 94,913.53 -85,767.03 9,146.5 0.90
Dec 18, 26 445,608.72 -334,866.93 110,741.79 0.75
Jun 17, 27 28,312.1 -22,267.25 6,044.85 0.79
Dec 17, 27 133,162.1 -92,138.16 41,023.94 0.69
Dec 15, 28 37,468.26 -31,139.74 6,328.52 0.83
Dec 21, 29 35,947.46 -27,335.31 8,612.15 0.76
Dec 20, 30 7,533.28 -8,126.36 -593.08 1.08