Canadian Natural Resources Limited (CNQ) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

Canadian Natural Resource...

NYSE: CNQ · Real-Time Price · USD
32.45
0.62 (1.95%)
At close: Oct 06, 2025, 3:59 PM
32.50
0.14%
After-hours: Oct 06, 2025, 06:02 PM EDT

CNQ Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for CNQ across all expirations is 202,107.57 shares per 1% move, with 289,820.7 from calls and 87,713.13 from puts. The put-call GEX ratio of 0.30 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.

CNQ GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 10, 25 5,310.7 -1,268.72 4,041.98 0.24
Oct 17, 25 41,541.76 -5,725.98 35,815.78 0.14
Oct 24, 25 1,325.42 -230.49 1,094.93 0.17
Oct 31, 25 2,015.08 -177.06 1,838.02 0.09
Nov 7, 25 54.11 -120.3 -66.19 2.22
Nov 14, 25 0 -5.65 -5.65 n/a
Nov 21, 25 31,793.95 -7,261.37 24,532.58 0.23
Dec 19, 25 6,728.87 -3,316.23 3,412.64 0.49
Jan 16, 26 134,854.44 -54,809.66 80,044.78 0.41
Mar 20, 26 19,716.43 -581.7 19,134.73 0.03
Jun 18, 26 6,264.73 -3,251.02 3,013.71 0.52
Jan 15, 27 40,009.36 -10,930.08 29,079.28 0.27
Jan 21, 28 205.85 -34.87 170.98 0.17