Warner Music Group Corp. (WMG)
NASDAQ: WMG
· Real-Time Price · USD
32.52
0.27 (0.84%)
At close: Aug 15, 2025, 3:59 PM
32.47
-0.15%
After-hours: Aug 15, 2025, 04:42 PM EDT
WMG Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for WMG across all expirations is 37,572.49 shares per 1% move, with 40,825.45 from calls and 3,252.96 from puts. The put-call GEX ratio of 0.08 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness. The highest gamma concentration is at the Jan 16, 26 expiration with 19,471.73 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.
WMG GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 207.91 | -7.33 | 200.58 | 0.04 |
| Oct 17, 25 | 16,756.5 | -223.81 | 16,532.69 | 0.01 |
| Nov 21, 25 | 279.19 | -297.04 | -17.85 | 1.06 |
| Jan 16, 26 | 22,158.88 | -2,687.15 | 19,471.73 | 0.12 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 1,422.97 | -37.63 | 1,385.34 | 0.03 |