HUTCHMED (China) Limited (HCM)
NASDAQ: HCM
· Real-Time Price · USD
16.51
0.64 (4.03%)
At close: Aug 15, 2025, 2:45 PM
HCM Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for HCM across all expirations is -1.92 shares per 1% move, with 97.54 from calls and 99.46 from puts. The put-call GEX ratio of 1.02 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 Feb 20, 26 expiration with 34.41 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.
HCM GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 0 | -8.73 | -8.73 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 46.55 | -74.15 | -27.6 | 1.59 |
| Feb 20, 26 | 50.99 | -16.58 | 34.41 | 0.33 |