Direxion Daily S&P 500 Be... (SPXS)
AMEX: SPXS
· Real-Time Price · USD
4.35
0.05 (1.16%)
At close: Aug 20, 2025, 3:59 PM
4.35
0.00%
After-hours: Aug 20, 2025, 07:59 PM EDT
SPXS Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for SPXS across all expirations is 497,133.04 shares per 1% move, with 573,474.25 from calls and 76,341.21 from puts. The put-call GEX ratio of 0.13 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 Aug 29, 25 expiration with 207,504.43 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.
SPXS GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 25 | 106,187.24 | -9,057.38 | 97,129.86 | 0.09 |
| Aug 29, 25 | 217,122.85 | -9,618.42 | 207,504.43 | 0.04 |
| Sep 5, 25 | 11,637.03 | -1,609.73 | 10,027.3 | 0.14 |
| Sep 12, 25 | 7,508.67 | -3,505.28 | 4,003.39 | 0.47 |
| Sep 19, 25 | 41,442.99 | -3,602.57 | 37,840.42 | 0.09 |
| Sep 26, 25 | 6,900.87 | -125.68 | 6,775.19 | 0.02 |
| Oct 17, 25 | 111,684.38 | -3,981.64 | 107,702.74 | 0.04 |
| Jan 16, 26 | 55,445.3 | -35,621.76 | 19,823.54 | 0.64 |
| Apr 17, 26 | 673.06 | -114 | 559.06 | 0.17 |
| Jan 15, 27 | 14,871.86 | -9,104.75 | 5,767.11 | 0.61 |