NASDAQ: QQQ · Real-Time Price · USD
577.11
-2.78 (-0.48%)
At close: Aug 15, 2025, 3:59 PM
577.14
0.01%
After-hours: Aug 15, 2025, 07:58 PM EDT

QQQ Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for QQQ across all expirations is -176,497.24 shares per 1% move, with 11,836,445.39 from calls and 12,012,942.63 from puts. The put-call GEX ratio of 1.01 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 Sep 19, 25 expiration with 828,732.81 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 18, 25 suggests possible volatility from negative gamma effects.

QQQ GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 18, 25 963,209.41 -1,346,152.39 -382,942.98 1.40
Aug 19, 25 396,827.05 -424,205.75 -27,378.7 1.07
Aug 20, 25 319,176.33 -348,577.19 -29,400.86 1.09
Aug 21, 25 117,690.06 -163,711.03 -46,020.97 1.39
Aug 22, 25 980,616.4 -1,624,203.4 -643,587 1.66
Aug 25, 25 60,522.76 -388,108.03 -327,585.27 6.41
Aug 26, 25 36,329.41 -71,878.16 -35,548.75 1.98
Aug 27, 25 22,501.09 -38,450.04 -15,948.95 1.71
Aug 28, 25 4,383.28 -8,787.97 -4,404.69 2.00
Aug 29, 25 1,566,845.97 -1,150,812.51 416,033.46 0.73
Sep 5, 25 472,747.26 -353,631.35 119,115.91 0.75
Sep 12, 25 134,171.23 -143,447.77 -9,276.54 1.07
Sep 19, 25 2,983,010.74 -2,154,277.93 828,732.81 0.72
Sep 26, 25 36,204.64 -37,388.5 -1,183.86 1.03
Sep 30, 25 361,468.36 -423,781.77 -62,313.41 1.17
Oct 17, 25 405,386.05 -655,398.62 -250,012.57 1.62
Oct 31, 25 31,359.2 -63,038.37 -31,679.17 2.01
Nov 21, 25 281,316.03 -314,544.94 -33,228.91 1.12
Dec 19, 25 1,045,859.91 -646,607.11 399,252.8 0.62
Dec 31, 25 173,943.69 -131,892.46 42,051.23 0.76