Eversource Energy (ES)
NYSE: ES
· Real-Time Price · USD
66.53
1.11 (1.70%)
At close: Aug 22, 2025, 3:59 PM
66.00
-0.80%
After-hours: Aug 22, 2025, 06:07 PM EDT
ES Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for ES across all expirations is 21,408.01 shares per 1% move, with 25,889.61 from calls and 4,481.6 from puts. The put-call GEX ratio of 0.17 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 Sep 19, 25 expiration with 13,496.41 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
ES GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 15,684.81 | -2,188.4 | 13,496.41 | 0.14 |
| Oct 17, 25 | 8,055.77 | -1,588.01 | 6,467.76 | 0.20 |
| Jan 16, 26 | 2,054.36 | -575.65 | 1,478.71 | 0.28 |
| Apr 17, 26 | 94.67 | -129.54 | -34.87 | 1.37 |
| Jan 23, 64 | 0 | 0 | 0 | n/a |