CarGurus Inc. (CARG)
NASDAQ: CARG
· Real-Time Price · USD
32.37
0.62 (1.95%)
At close: Aug 15, 2025, 3:59 PM
32.88
1.58%
After-hours: Aug 15, 2025, 05:43 PM EDT
CARG Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for CARG across all expirations is 807.49 shares per 1% move, with 1,091.23 from calls and 283.74 from puts. The put-call GEX ratio of 0.26 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 Sep 19, 25 expiration with 276.91 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.
CARG GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 308.68 | -31.77 | 276.91 | 0.10 |
| Oct 17, 25 | 1.71 | 0 | 1.71 | 0.00 |
| Nov 21, 25 | 402.19 | -198.08 | 204.11 | 0.49 |
| Dec 19, 25 | 313.79 | -50.94 | 262.85 | 0.16 |
| Feb 20, 26 | 64.86 | -2.95 | 61.91 | 0.05 |