Magic Software Enterprise... (MGIC)
NASDAQ: MGIC
· Real-Time Price · USD
20.35
0.35 (1.75%)
At close: Aug 15, 2025, 3:59 PM
20.36
0.05%
After-hours: Aug 15, 2025, 04:10 PM EDT
MGIC Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for MGIC across all expirations is 285.04 shares per 1% move, with 290.14 from calls and 5.1 from puts. The put-call GEX ratio of 0.02 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 Feb 20, 26 expiration with 165.15 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
MGIC GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 34.4 | -1.15 | 33.25 | 0.03 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 90.59 | -3.95 | 86.64 | 0.04 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 165.15 | 0 | 165.15 | 0.00 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |