Warner Bros. Discovery In... (WBD)
NASDAQ: WBD
· Real-Time Price · USD
12.35
0.24 (1.98%)
At close: Sep 08, 2025, 3:59 PM
12.36
0.08%
After-hours: Sep 08, 2025, 05:14 PM EDT
WBD Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for WBD across all expirations is 525,287.76 shares per 1% move, with 844,058.24 from calls and 318,770.48 from puts. The put-call GEX ratio of 0.38 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
WBD GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 12, 25 | 16,684.96 | -6,586.06 | 10,098.9 | 0.39 |
| Sep 19, 25 | 159,023.39 | -71,146.84 | 87,876.55 | 0.45 |
| Sep 26, 25 | 4,206.55 | -2,955.72 | 1,250.83 | 0.70 |
| Oct 3, 25 | 1,255.66 | -931 | 324.66 | 0.74 |
| Oct 10, 25 | 49,581.39 | -2,081.44 | 47,499.95 | 0.04 |
| Oct 17, 25 | 87,466.3 | -24,153.97 | 63,312.33 | 0.28 |
| Oct 24, 25 | 2.38 | -17.95 | -15.57 | 7.54 |
| Nov 21, 25 | 38,046.8 | -10,642.17 | 27,404.63 | 0.28 |
| Dec 19, 25 | 125,380.31 | -38,772.11 | 86,608.2 | 0.31 |
| Jan 16, 26 | 260,022.94 | -123,358.88 | 136,664.06 | 0.47 |
| Mar 20, 26 | 52,782.78 | -17,406.64 | 35,376.14 | 0.33 |
| Apr 17, 26 | 429.3 | -1,099.57 | -670.27 | 2.56 |
| Jun 18, 26 | 11,018.14 | -5,321.04 | 5,697.1 | 0.48 |
| Sep 18, 26 | 2,359.41 | -3,455.73 | -1,096.32 | 1.46 |
| Dec 18, 26 | 7,666.06 | -2,983.27 | 4,682.79 | 0.39 |
| Jan 15, 27 | 28,131.87 | -7,858.09 | 20,273.78 | 0.28 |