Western Midstream Partner... (WES)
NYSE: WES
· Real-Time Price · USD
38.73
0.09 (0.23%)
At close: Aug 15, 2025, 11:11 AM
WES Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for WES across all expirations is 1,448.42 shares per 1% move, with 31,103.97 from calls and 29,655.55 from puts. The put-call GEX ratio of 0.95 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Jan 15, 27 expiration with 3,624.83 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests possible volatility from negative gamma effects.
WES GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 9,419.19 | -9,781.12 | -361.93 | 1.04 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 8,076.94 | -7,101.24 | 975.7 | 0.88 |
| Jan 16, 26 | 7,602.88 | -10,982.34 | -3,379.46 | 1.44 |
| Feb 20, 26 | 1,667.57 | -1,078.29 | 589.28 | 0.65 |
| Jan 15, 27 | 4,337.39 | -712.56 | 3,624.83 | 0.16 |