Devon Energy Corporation (DVN)
NYSE: DVN
· Real-Time Price · USD
33.85
0.23 (0.68%)
At close: Aug 14, 2025, 3:59 PM
33.85
0.00%
After-hours: Aug 14, 2025, 07:59 PM EDT
DVN Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for DVN across all expirations is -3,657.52 shares per 1% move, with 291,288.48 from calls and 294,946 from puts. The put-call GEX ratio of 1.01 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance). The highest gamma concentration is at the Jan 16, 26 expiration with -58,471.48 net GEX, which may act as a pivot point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.
DVN GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 25 | 31,493.09 | -11,518.52 | 19,974.57 | 0.37 |
| Aug 29, 25 | 22,902.88 | -11,690.53 | 11,212.35 | 0.51 |
| Sep 5, 25 | 6,685.91 | -3,135.56 | 3,550.35 | 0.47 |
| Sep 12, 25 | 1,726.74 | -2,892.08 | -1,165.34 | 1.67 |
| Sep 19, 25 | 79,204.89 | -72,081.71 | 7,123.18 | 0.91 |
| Sep 26, 25 | 1,636.8 | -967.46 | 669.34 | 0.59 |
| Oct 17, 25 | 32,781.06 | -12,686.41 | 20,094.65 | 0.39 |
| Nov 21, 25 | 32,258.17 | -34,095.68 | -1,837.51 | 1.06 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 47,138.14 | -105,609.62 | -58,471.48 | 2.24 |
| Mar 20, 26 | 10,209.91 | -10,079.8 | 130.11 | 0.99 |
| Jun 18, 26 | 9,200.92 | -8,582.95 | 617.97 | 0.93 |
| Sep 18, 26 | 4,162.93 | -1,269.36 | 2,893.57 | 0.30 |
| Jan 15, 27 | 11,887.04 | -20,336.32 | -8,449.28 | 1.71 |