J. M. Smucker (SJM)
NYSE: SJM
· Real-Time Price · USD
110.70
-0.74 (-0.66%)
At close: Aug 15, 2025, 11:11 AM
SJM Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SJM across all expirations is 16,617.78 shares per 1% move, with 29,873.99 from calls and 13,256.21 from puts. The put-call GEX ratio of 0.44 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 8,461.78 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.
SJM GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 4,400.69 | -2,562.82 | 1,837.87 | 0.58 |
| Oct 17, 25 | 13,730.09 | -5,268.31 | 8,461.78 | 0.38 |
| Jan 16, 26 | 10,680.6 | -4,092.99 | 6,587.61 | 0.38 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 71.44 | -390.49 | -319.05 | 5.47 |
| Jan 15, 27 | 991.17 | -941.6 | 49.57 | 0.95 |