AMEX: FAS · Real-Time Price · USD
166.08
-5.77 (-3.36%)
At close: Aug 15, 2025, 3:59 PM
167.01
0.56%
After-hours: Aug 15, 2025, 07:59 PM EDT

FAS Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for FAS across all expirations is 39,320.54 shares per 1% move, with 48,774.24 from calls and 9,453.7 from puts. The put-call GEX ratio of 0.19 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 Jan 16, 26 expiration with 10,912.32 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.

FAS GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 22, 25 8,986.54 -2,463.26 6,523.28 0.27
Aug 29, 25 11,726.78 -1,088.86 10,637.92 0.09
Sep 5, 25 377.28 -248.03 129.25 0.66
Sep 12, 25 182.82 -210.28 -27.46 1.15
Sep 19, 25 2,539.07 -568.31 1,970.76 0.22
Sep 26, 25 156.5 -111.56 44.94 0.71
Oct 17, 25 4,256.83 -2,434.71 1,822.12 0.57
Jan 16, 26 12,847.5 -1,935.18 10,912.32 0.15
Apr 17, 26 1.1 0 1.1 0.00
Dec 18, 26 202.93 -58.35 144.58 0.29
Jan 15, 27 7,496.89 -335.16 7,161.73 0.04