CNB Financial Corporation (CCNE)

The total Gamma Exposure (GEX) for CCNE across all expirations is -99.43 shares per 1% move, with 4.65 from calls and 104.08 from puts. The put-call GEX ratio of 22.38 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance). The highest gamma concentration is at the Mar 20, 26 expiration with -100.35 net GEX, which may act as a pivot point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.