VanEck Oil Services ETF (OIH)
AMEX: OIH
· Real-Time Price · USD
256.87
0.76 (0.30%)
At close: Aug 29, 2025, 3:59 PM
256.86
0.00%
After-hours: Aug 29, 2025, 05:38 PM EDT
OIH Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for OIH across all expirations is -13,185.69 shares per 1% move, with 24,070.82 from calls and 37,256.51 from puts. The put-call GEX ratio of 1.55 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance). The highest gamma concentration is at the Jan 16, 26 expiration with -16,424.81 net GEX, which may act as a pivot point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
OIH GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 12,924.27 | -8,196.94 | 4,727.33 | 0.63 |
| Oct 17, 25 | 4,934.73 | -4,498.7 | 436.03 | 0.91 |
| Jan 16, 26 | 5,296.97 | -21,721.78 | -16,424.81 | 4.10 |
| Apr 17, 26 | 5.11 | -84.76 | -79.65 | 16.59 |
| Jun 18, 26 | 459.64 | -1,141.63 | -681.99 | 2.48 |
| Jan 15, 27 | 450.1 | -1,612.7 | -1,162.6 | 3.58 |