MorningStar Partners L.P. (TXO)
NYSE: TXO
· Real-Time Price · USD
14.66
-0.07 (-0.48%)
At close: Aug 14, 2025, 3:59 PM
14.30
-2.49%
Pre-market: Aug 15, 2025, 08:25 AM EDT
TXO Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for TXO across all expirations is 10,825.88 shares per 1% move, with 12,494.38 from calls and 1,668.5 from puts. The put-call GEX ratio of 0.13 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 Nov 21, 25 expiration with 5,638.8 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.
TXO GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 711.38 | -133.63 | 577.75 | 0.19 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 7,030.19 | -1,391.39 | 5,638.8 | 0.20 |
| Feb 20, 26 | 4,752.81 | -143.48 | 4,609.33 | 0.03 |