Old National Bancorp (ONB)
NASDAQ: ONB
· Real-Time Price · USD
22.76
-0.26 (-1.13%)
At close: Aug 28, 2025, 3:59 PM
22.77
0.04%
After-hours: Aug 28, 2025, 07:54 PM EDT
ONB Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for ONB across all expirations is 16,267.84 shares per 1% move, with 17,144.4 from calls and 876.56 from puts. The put-call GEX ratio of 0.05 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 Dec 19, 25 expiration with 13,326.65 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.
ONB GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 3,285.69 | -259.04 | 3,026.65 | 0.08 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 13,806.75 | -480.1 | 13,326.65 | 0.03 |
| Jan 16, 26 | 3.95 | -2.75 | 1.2 | 0.70 |
| Feb 20, 26 | 39.1 | 0 | 39.1 | 0.00 |
| Mar 20, 26 | 8.91 | -134.67 | -125.76 | 15.11 |