MediaAlpha Inc. (MAX) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

MediaAlpha Inc.

NYSE: MAX · Real-Time Price · USD
12.04
-0.02 (-0.17%)
At close: Sep 26, 2025, 3:59 PM
12.00
-0.33%
After-hours: Sep 26, 2025, 06:21 PM EDT

MAX Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for MAX across all expirations is 5,806.38 shares per 1% move, with 6,062.5 from calls and 256.12 from puts. The put-call GEX ratio of 0.04 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.

MAX GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 17, 25 791.34 -0.92 790.42 0.00
Nov 21, 25 4,459.32 -231.16 4,228.16 0.05
Feb 20, 26 811.84 -23.54 788.3 0.03
May 15, 26 0 -0.5 -0.5 n/a