Elanco Animal Health (ELAN)
ELAN Daily Gamma Exposure
Current Gamma Exposure (GEX) is 11.3K, which is 41% above the 3M average of 8.01K. Over this period, GEX peaked at 12.11K on Aug 8, 2025 and bottomed at 5.11K on May 20, 2025, maintaining consistently positive gamma throughout. The exposure has been increasing recently, suggesting growing dealer hedging that could dampen volatility. Today's put-call gamma ratio of 0.15 is below the recent average of 0.18, indicating call-heavy positioning. Stable GEX patterns (±1.84K) indicate consistent market maker positioning.
GEX History
Date | Call GEX | Put GEX | Net GEX | P/C GEX |
---|---|---|---|---|
Aug 14, 2025 | 13,225.87 | -1,925.35 | 11,300.52 | 0.15 |
Aug 13, 2025 | 13,995.98 | -2,111.18 | 11,884.8 | 0.15 |
Aug 12, 2025 | 12,922.35 | -2,251.5 | 10,670.85 | 0.17 |
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