British American Tobacco p.l.c. (BTI) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

British American Tobacco ...

NYSE: BTI · Real-Time Price · USD
51.23
-1.12 (-2.13%)
At close: Oct 03, 2025, 3:59 PM

BTI Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for BTI across all expirations is 247,771.85 shares per 1% move, with 313,266.54 from calls and 65,494.69 from puts. The put-call GEX ratio of 0.21 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.

BTI GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 17, 25 8,230.76 -8,137.88 92.88 0.99
Nov 21, 25 716.79 -2,336.04 -1,619.25 3.26
Dec 19, 25 151,420.34 -18,784.12 132,636.22 0.12
Jan 16, 26 65,854.3 -12,912.65 52,941.65 0.20
Mar 20, 26 16,210.93 -9,452.49 6,758.44 0.58
Jun 18, 26 19,297.73 -3,163.2 16,134.53 0.16
Sep 18, 26 19,666.36 -1,326.73 18,339.63 0.07
Dec 18, 26 9,268.48 -2,807.42 6,461.06 0.30
Jan 15, 27 21,099.7 -5,679.8 15,419.9 0.27
Jan 21, 28 1,501.15 -894.36 606.79 0.60