Summit Midstream Corp. (SMC)
NYSE: SMC
· Real-Time Price · USD
21.15
1.06 (5.28%)
At close: Aug 15, 2025, 11:39 AM
SMC Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SMC across all expirations is 647.1 shares per 1% move, with 1,006.7 from calls and 359.6 from puts. The put-call GEX ratio of 0.36 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 606.89 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.
SMC GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 153.9 | -343.95 | -190.05 | 2.23 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 622.54 | -15.65 | 606.89 | 0.03 |
| Mar 20, 26 | 230.26 | 0 | 230.26 | 0.00 |