Sibanye Stillwater Limite... (SBSW)

The total Gamma Exposure (GEX) for SBSW across all expirations is 109,549.02 shares per 1% move, with 148,069.67 from calls and 38,520.65 from puts. The put-call GEX ratio of 0.26 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 Oct 17, 25 expiration with 52,990.2 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests possible volatility from negative gamma effects.