American Airlines Group I... (AAL)
AAL Daily Gamma Exposure
Current Gamma Exposure (GEX) is 279.37K, which is -173% above the 3M average of -383.2K. Over this period, GEX peaked at 348.39K on Aug 13, 2025 and bottomed at -780.58K on Aug 4, 2025, showing a shift between positive and negative gamma regimes. The exposure has been increasing recently, suggesting growing dealer hedging that could dampen volatility. Today's put-call gamma ratio of 0.85 is below the recent average of 1.45, indicating call-heavy positioning. High GEX volatility (±209.15K) suggests frequent repositioning and potential regime changes.
GEX History
Date | Call GEX | Put GEX | Net GEX | P/C GEX |
---|---|---|---|---|
Aug 14, 2025 | 1,826,865.2 | -1,547,490.76 | 279,374.44 | 0.85 |
Aug 13, 2025 | 1,616,946.8 | -1,268,555 | 348,391.8 | 0.78 |
Aug 12, 2025 | 1,575,092.17 | -1,249,695.05 | 325,397.12 | 0.79 |
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