CMS Energy Corporation (CMS)
NYSE: CMS
· Real-Time Price · USD
72.33
0.50 (0.70%)
At close: Oct 03, 2025, 3:59 PM
72.34
0.01%
After-hours: Oct 03, 2025, 05:29 PM EDT
CMS Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for CMS across all expirations is 12,180.07 shares per 1% move, with 16,362.05 from calls and 4,181.98 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.
CMS GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Oct 17, 25 | 1,975.97 | -291.19 | 1,684.78 | 0.15 |
| Nov 21, 25 | 2,856.72 | -71.74 | 2,784.98 | 0.03 |
| Dec 19, 25 | 10,661.25 | -1,704.39 | 8,956.86 | 0.16 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 868.11 | -2,114.66 | -1,246.55 | 2.44 |