CBOE: QUAL · Real-Time Price · USD
189.19
2.63 (1.41%)
At close: Aug 22, 2025, 11:35 AM

QUAL Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for QUAL across all expirations is 896.26 shares per 1% move, with 1,185.21 from calls and 288.95 from puts. The put-call GEX ratio of 0.24 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 Oct 17, 25 expiration with 425.32 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.

QUAL GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 51.81 -30.15 21.66 0.58
Oct 17, 25 627.13 -201.81 425.32 0.32
Dec 19, 25 408.93 -49.56 359.37 0.12
Jan 16, 26 86.05 -7.43 78.62 0.09
Apr 17, 26 11.29 0 11.29 0.00
Dec 18, 26 0 0 0 n/a