AMEX: IWB · Real-Time Price · USD
354.63
5.65 (1.62%)
At close: Aug 22, 2025, 3:59 PM
354.91
0.08%
After-hours: Aug 22, 2025, 06:22 PM EDT

IWB Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for IWB across all expirations is 1,481.56 shares per 1% move, with 1,964.97 from calls and 483.41 from puts. The put-call GEX ratio of 0.25 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 Nov 21, 25 expiration with 981.71 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.

IWB GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 317.12 -418.03 -100.91 1.32
Oct 17, 25 0 0 0 n/a
Nov 21, 25 1,000.65 -18.94 981.71 0.02
Dec 19, 25 488.83 -9.58 479.25 0.02
Feb 20, 26 115.97 -25.35 90.62 0.22
Jun 18, 26 30.24 -6.86 23.38 0.23
Dec 18, 26 12.16 -4.65 7.51 0.38