Novartis AG (NVS) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

Novartis AG

NYSE: NVS · Real-Time Price · USD
132.45
0.06 (0.05%)
At close: Oct 06, 2025, 3:48 PM

NVS Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for NVS across all expirations is -33,152.34 shares per 1% move, with 37,072.76 from calls and 70,225.1 from puts. The put-call GEX ratio of 1.89 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance).

NVS GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 17, 25 17,925.68 -21,196.32 -3,270.64 1.18
Nov 21, 25 2,908.73 -1,519.89 1,388.84 0.52
Dec 19, 25 0 0 0 n/a
Jan 16, 26 11,916.06 -28,714.41 -16,798.35 2.41
Apr 17, 26 1,275.43 -5,029.81 -3,754.38 3.94
Jan 15, 27 2,721.7 -13,664.28 -10,942.58 5.02
Jan 21, 28 325.16 -100.39 224.77 0.31