Opera Limited (OPRA) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

Opera Limited

NASDAQ: OPRA · Real-Time Price · USD
16.05
-0.20 (-1.23%)
At close: Sep 02, 2025, 3:59 PM
16.63
3.61%
After-hours: Sep 02, 2025, 07:35 PM EDT

OPRA Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for OPRA across all expirations is 42,677.08 shares per 1% move, with 66,129.57 from calls and 23,452.49 from puts. The put-call GEX ratio of 0.35 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 34,991.51 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.

OPRA GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 54,724.57 -19,733.06 34,991.51 0.36
Oct 17, 25 4,248.02 -1,236.35 3,011.67 0.29
Jan 16, 26 6,228.48 -2,123.3 4,105.18 0.34
Apr 17, 26 248.52 -48.14 200.38 0.19
Jan 15, 27 601.28 -265.5 335.78 0.44
Jun 17, 27 19.59 -1.02 18.57 0.05
Dec 17, 27 59.11 -45.12 13.99 0.76