Banco Santander S.A. (SAN)
NYSE: SAN
· Real-Time Price · USD
10.05
-0.03 (-0.30%)
At close: Sep 12, 2025, 3:59 PM
10.09
0.32%
After-hours: Sep 12, 2025, 07:16 PM EDT
SAN Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SAN across all expirations is 57,853.6 shares per 1% move, with 73,350.63 from calls and 15,497.03 from puts. The put-call GEX ratio of 0.21 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
SAN GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 35,972.05 | -5,326.57 | 30,645.48 | 0.15 |
| Oct 17, 25 | 2,058.86 | -2,889.38 | -830.52 | 1.40 |
| Dec 19, 25 | 29,238.81 | -6,432.3 | 22,806.51 | 0.22 |
| Mar 20, 26 | 6,080.91 | -848.78 | 5,232.13 | 0.14 |