APA Corporation (APA)
NASDAQ: APA
· Real-Time Price · USD
20.50
-0.06 (-0.29%)
At close: Aug 14, 2025, 3:59 PM
20.35
-0.77%
After-hours: Aug 14, 2025, 07:25 PM EDT
APA Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for APA across all expirations is 105,387.89 shares per 1% move, with 208,497.26 from calls and 103,109.37 from puts. The put-call GEX ratio of 0.49 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 Aug 22, 25 expiration with 29,309.24 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.
APA GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 25 | 35,426.76 | -6,117.52 | 29,309.24 | 0.17 |
| Aug 29, 25 | 11,473.88 | -3,779.58 | 7,694.3 | 0.33 |
| Sep 5, 25 | 2,521.96 | -1,321.69 | 1,200.27 | 0.52 |
| Sep 12, 25 | 2,211.08 | -2,454.48 | -243.4 | 1.11 |
| Sep 19, 25 | 55,356.7 | -27,326.72 | 28,029.98 | 0.49 |
| Sep 26, 25 | 801.78 | -138.73 | 663.05 | 0.17 |
| Oct 17, 25 | 20,329.56 | -18,341.94 | 1,987.62 | 0.90 |
| Jan 16, 26 | 32,266.82 | -26,476.84 | 5,789.98 | 0.82 |
| Mar 20, 26 | 8,368.23 | -4,526.28 | 3,841.95 | 0.54 |
| Jun 18, 26 | 8,902.56 | -4,903.51 | 3,999.05 | 0.55 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 30,837.93 | -7,722.08 | 23,115.85 | 0.25 |