LATAM Airlines Group S.A. (LTM)
NYSE: LTM
· Real-Time Price · USD
44.19
0.45 (1.03%)
At close: Aug 15, 2025, 3:59 PM
44.98
1.79%
After-hours: Aug 15, 2025, 07:55 PM EDT
LTM Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for LTM across all expirations is -3,774.61 shares per 1% move, with 314.12 from calls and 4,088.73 from puts. The put-call GEX ratio of 13.02 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 Dec 19, 25 expiration with -3,840.14 net GEX, which may act as a pivot point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
LTM GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 67.56 | -11.99 | 55.57 | 0.18 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 231.6 | -4,071.74 | -3,840.14 | 17.58 |
| Mar 20, 26 | 14.96 | -5 | 9.96 | 0.33 |