Ormat Technologies Inc. (ORA)

The total Gamma Exposure (GEX) for ORA across all expirations is 25,316 shares per 1% move, with 41,285.92 from calls and 15,969.92 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. The highest gamma concentration is at the Dec 19, 25 expiration with 23,423.87 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.