Telefónica S.A. (TEF)
NYSE: TEF
· Real-Time Price · USD
5.36
0.02 (0.37%)
At close: Sep 08, 2025, 3:59 PM
5.66
5.72%
After-hours: Sep 08, 2025, 07:42 PM EDT
TEF Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for TEF across all expirations is 8,635.16 shares per 1% move, with 9,511.06 from calls and 875.9 from puts. The put-call GEX ratio of 0.09 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
TEF GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 4,192.77 | -842.4 | 3,350.37 | 0.20 |
| Oct 17, 25 | 1.15 | 0 | 1.15 | 0.00 |
| Dec 19, 25 | 4,514.66 | -4.4 | 4,510.26 | 0.00 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 802.48 | -29.1 | 773.38 | 0.04 |