Newsmax Inc. (NMAX)
NYSE: NMAX
· Real-Time Price · USD
14.19
-1.17 (-7.62%)
At close: Aug 29, 2025, 3:59 PM
NMAX Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for NMAX across all expirations is 9,951.4 shares per 1% move, with 15,849.01 from calls and 5,897.61 from puts. The put-call GEX ratio of 0.37 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 4,400.96 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 5, 25 suggests potential support from positive gamma hedging flows.
NMAX GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 5, 25 | 2,517.42 | -1,110.89 | 1,406.53 | 0.44 |
| Sep 12, 25 | 694.83 | -672.08 | 22.75 | 0.97 |
| Sep 19, 25 | 5,221.72 | -820.76 | 4,400.96 | 0.16 |
| Sep 26, 25 | 121.59 | -60.69 | 60.9 | 0.50 |
| Oct 3, 25 | 17.75 | 0 | 17.75 | 0.00 |
| Oct 10, 25 | 1.08 | 0 | 1.08 | 0.00 |
| Oct 17, 25 | 4,464.28 | -1,945.57 | 2,518.71 | 0.44 |
| Jan 16, 26 | 2,466.43 | -1,100.58 | 1,365.85 | 0.45 |
| Apr 17, 26 | 63.38 | -99.16 | -35.78 | 1.56 |
| Jan 15, 27 | 280.53 | -87.88 | 192.65 | 0.31 |