Centerra Gold Inc. (CGAU)

The total Gamma Exposure (GEX) for CGAU across all expirations is 10,949.32 shares per 1% move, with 11,999.69 from calls and 1,050.37 from puts. The put-call GEX ratio of 0.09 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 Oct 17, 25 expiration with 6,139.04 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.