AMEX: DES · Real-Time Price · USD
32.95
-0.31 (-0.93%)
At close: Aug 15, 2025, 3:59 PM
31.79
-3.52%
After-hours: Aug 15, 2025, 05:29 PM EDT

DES Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for DES across all expirations is 179.34 shares per 1% move, with 189.72 from calls and 10.38 from puts. The put-call GEX ratio of 0.05 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 158.59 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.

DES GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 7.11 0 7.11 0.00
Oct 17, 25 161.73 -3.14 158.59 0.02
Jan 16, 26 20.88 -7.24 13.64 0.35
Apr 17, 26 0 0 0 n/a