AMEX: TAN · Real-Time Price · USD
39.90
3.28 (8.96%)
At close: Aug 15, 2025, 3:59 PM
40.00
0.25%
After-hours: Aug 15, 2025, 07:57 PM EDT

TAN Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for TAN across all expirations is -5,125.32 shares per 1% move, with 34,022.39 from calls and 39,147.71 from puts. The put-call GEX ratio of 1.15 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance). The highest gamma concentration is at the Aug 29, 25 expiration with -6,907.87 net GEX, which may act as a pivot point for price action. Near-term exposure for Aug 22, 25 suggests possible volatility from negative gamma effects.

TAN GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 22, 25 10,301.89 -14,026.62 -3,724.73 1.36
Aug 29, 25 641.6 -7,549.47 -6,907.87 11.77
Sep 5, 25 123.9 -139.43 -15.53 1.13
Sep 12, 25 143.45 -400.16 -256.71 2.79
Sep 19, 25 5,449.33 -1,179.1 4,270.23 0.22
Sep 26, 25 1.61 -13.02 -11.41 8.09
Oct 17, 25 3,321.31 -1,871.09 1,450.22 0.56
Nov 21, 25 2,658.91 -601.64 2,057.27 0.23
Dec 19, 25 1,058.86 -770.83 288.03 0.73
Jan 16, 26 8,191.35 -8,690.06 -498.71 1.06
Feb 20, 26 4.59 -1.36 3.23 0.30
Mar 20, 26 18.79 -45.5 -26.71 2.42
Apr 17, 26 1.17 -0.5 0.67 0.43
May 15, 26 1.24 0 1.24 0.00
Jun 18, 26 17.99 0 17.99 0.00
Jul 17, 26 8.8 0 8.8 0.00
Aug 21, 26 19.36 0 19.36 0.00
Sep 18, 26 3.35 -5.74 -2.39 1.71
Nov 20, 26 0.92 -1.66 -0.74 1.80
Jan 15, 27 2,053.97 -3,851.53 -1,797.56 1.88