United Airlines Inc.

NASDAQ: UAL · Real-Time Price · USD
101.08
1.94 (1.96%)
At close: Aug 15, 2025, 2:38 PM

UAL Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for UAL across all expirations is 138,244.98 shares per 1% move, with 306,553.33 from calls and 168,308.35 from puts. The put-call GEX ratio of 0.55 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Dec 19, 25 expiration with 45,086.73 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.

UAL GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 22, 25 20,762.87 -17,110.9 3,651.97 0.82
Aug 29, 25 10,325.58 -7,025.85 3,299.73 0.68
Sep 5, 25 2,499.04 -1,089.1 1,409.94 0.44
Sep 12, 25 1,176.05 -1,762.51 -586.46 1.50
Sep 19, 25 102,773.38 -64,493.12 38,280.26 0.63
Sep 26, 25 739.42 -320.9 418.52 0.43
Oct 17, 25 33,295.26 -12,324.42 20,970.84 0.37
Dec 19, 25 60,754.39 -15,667.66 45,086.73 0.26
Jan 16, 26 48,070.55 -31,160.55 16,910 0.65
Mar 20, 26 10,374.89 -5,635.31 4,739.58 0.54
May 15, 26 220.57 -44.15 176.42 0.20
Jun 18, 26 6,932.27 -3,342.55 3,589.72 0.48
Sep 18, 26 793.65 -548.8 244.85 0.69
Dec 18, 26 2,221.93 -2,970.64 -748.71 1.34
Jan 15, 27 4,839.58 -4,433.83 405.75 0.92
Dec 17, 27 773.9 -378.06 395.84 0.49