Zhihu Inc. (ZH) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

Zhihu Inc.

NYSE: ZH · Real-Time Price · USD
4.96
-0.15 (-2.94%)
At close: Oct 03, 2025, 3:59 PM
4.96
0.10%
Pre-market: Oct 06, 2025, 08:08 AM EDT

ZH Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for ZH across all expirations is -1,072.74 shares per 1% move, with 2,958.55 from calls and 4,031.29 from puts. The put-call GEX ratio of 1.36 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance).

ZH GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 17, 25 3.45 -390.54 -387.09 113.20
Nov 21, 25 151.41 -240.07 -88.66 1.59
Dec 19, 25 1,318.92 -3,140.82 -1,821.9 2.38
Jan 16, 26 0 0 0 n/a
Mar 20, 26 1,484.77 -259.86 1,224.91 0.18