Equity LifeStyle Properti... (ELS)
NYSE: ELS
· Real-Time Price · USD
61.10
0.74 (1.23%)
At close: Aug 22, 2025, 11:17 AM
ELS Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for ELS across all expirations is 10,007.91 shares per 1% move, with 10,208.18 from calls and 200.27 from puts. The put-call GEX ratio of 0.02 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 Feb 20, 26 expiration with 10,066.6 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests possible volatility from negative gamma effects.
ELS GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 44.81 | -70.14 | -25.33 | 1.57 |
| Oct 17, 25 | 5.76 | 0 | 5.76 | 0.00 |
| Nov 21, 25 | 32.29 | -71.41 | -39.12 | 2.21 |
| Feb 20, 26 | 10,125.32 | -58.72 | 10,066.6 | 0.01 |