Waste Management Inc. (WM)
NYSE: WM
· Real-Time Price · USD
227.07
0.92 (0.41%)
At close: Aug 15, 2025, 2:06 PM
WM Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for WM across all expirations is 24,791.21 shares per 1% move, with 52,725.69 from calls and 27,934.48 from puts. The put-call GEX ratio of 0.53 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Jan 16, 26 expiration with 14,804.56 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.
WM GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 11,887.97 | -11,872.21 | 15.76 | 1.00 |
| Oct 17, 25 | 13,236.02 | -3,978.58 | 9,257.44 | 0.30 |
| Jan 16, 26 | 23,785.22 | -8,980.66 | 14,804.56 | 0.38 |
| Mar 20, 26 | 1,076.33 | -928.07 | 148.26 | 0.86 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 1,173.71 | -1,464.98 | -291.27 | 1.25 |
| Sep 18, 26 | 254.58 | -209.53 | 45.05 | 0.82 |
| Jan 15, 27 | 1,311.86 | -500.45 | 811.41 | 0.38 |