Southwest Gas Inc. (SWX)
NYSE: SWX
· Real-Time Price · USD
77.38
-2.09 (-2.63%)
At close: Aug 15, 2025, 3:59 PM
77.49
0.15%
After-hours: Aug 15, 2025, 04:04 PM EDT
SWX Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SWX across all expirations is 2,299.78 shares per 1% move, with 2,313 from calls and 13.22 from puts. The put-call GEX ratio of 0.01 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 2,156.07 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.
SWX GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 4.7 | -1.62 | 3.08 | 0.34 |
| Oct 17, 25 | 2,167.49 | -11.42 | 2,156.07 | 0.01 |
| Jan 16, 26 | 140.81 | -0.18 | 140.63 | 0.00 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |