Helmerich & Payne Inc. (HP)
NYSE: HP
· Real-Time Price · USD
20.86
0.84 (4.20%)
At close: Sep 10, 2025, 3:59 PM
20.95
0.43%
Pre-market: Sep 11, 2025, 06:21 AM EDT
HP Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for HP across all expirations is 21,026.55 shares per 1% move, with 34,461.22 from calls and 13,434.67 from puts. The put-call GEX ratio of 0.39 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
HP GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 16,226 | -6,834.85 | 9,391.15 | 0.42 |
| Oct 17, 25 | 1,439.43 | -330.72 | 1,108.71 | 0.23 |
| Dec 19, 25 | 6,863.86 | -3,288.46 | 3,575.4 | 0.48 |
| Jan 16, 26 | 8,419.76 | -1,932.05 | 6,487.71 | 0.23 |
| Mar 20, 26 | 326.84 | -172.27 | 154.57 | 0.53 |
| Dec 18, 26 | 1,185.33 | -876.32 | 309.01 | 0.74 |