AMEX: TZA · Real-Time Price · USD
10.11
0.17 (1.69%)
At close: Aug 15, 2025, 3:59 PM
10.12
0.09%
After-hours: Aug 15, 2025, 07:58 PM EDT

TZA Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for TZA across all expirations is 6,649 shares per 1% move, with 44,151.18 from calls and 37,502.18 from puts. The put-call GEX ratio of 0.85 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Aug 29, 25 expiration with 4,342.07 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.

TZA GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 22, 25 8,235.23 -6,104.78 2,130.45 0.74
Aug 29, 25 6,380.9 -2,038.83 4,342.07 0.32
Sep 5, 25 2,444.15 -2,082.8 361.35 0.85
Sep 12, 25 378.64 -419.84 -41.2 1.11
Sep 19, 25 5,297.7 -1,821.61 3,476.09 0.34
Sep 26, 25 543.86 -660.56 -116.7 1.21
Oct 17, 25 9,274.54 -11,671.7 -2,397.16 1.26
Dec 19, 25 0 0 0 n/a
Jan 16, 26 9,609.2 -7,507.34 2,101.86 0.78
Apr 17, 26 11.99 -1.1 10.89 0.09
Jan 15, 27 1,974.97 -5,193.62 -3,218.65 2.63