Clearwater Analytics Inc... (CWAN)
NYSE: CWAN
· Real-Time Price · USD
19.38
0.01 (0.05%)
At close: Aug 15, 2025, 2:48 PM
CWAN Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for CWAN across all expirations is 24,476.17 shares per 1% move, with 37,074.73 from calls and 12,598.56 from puts. The put-call GEX ratio of 0.34 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 Dec 19, 25 expiration with 13,352.29 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests possible volatility from negative gamma effects.
CWAN GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 9,239.05 | -11,288.26 | -2,049.21 | 1.22 |
| Oct 17, 25 | 2,617.38 | -210.08 | 2,407.3 | 0.08 |
| Dec 19, 25 | 14,126.35 | -774.06 | 13,352.29 | 0.05 |
| Jan 16, 26 | 4,443.15 | -141.58 | 4,301.57 | 0.03 |
| Mar 20, 26 | 32.98 | -90.8 | -57.82 | 2.75 |
| May 15, 26 | 6,615.82 | -93.78 | 6,522.04 | 0.01 |