MediaAlpha Inc. (MAX) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

MediaAlpha Inc.

NYSE: MAX · Real-Time Price · USD
11.21
0.03 (0.27%)
At close: Oct 03, 2025, 3:59 PM
11.22
0.13%
After-hours: Oct 03, 2025, 05:34 PM EDT

MAX Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for MAX across all expirations is 1,213.17 shares per 1% move, with 1,662.91 from calls and 449.74 from puts. The put-call GEX ratio of 0.27 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.

MAX GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Oct 17, 25 646.14 -0.82 645.32 0.00
Nov 21, 25 90.67 -430.28 -339.61 4.75
Feb 20, 26 926.1 -18.22 907.88 0.02
May 15, 26 0 -0.42 -0.42 n/a