J. M. Smucker (SJM)
SJM Daily Gamma Exposure
Current Gamma Exposure (GEX) is 15.25K, which is 59% above the 3M average of 9.58K. Over this period, GEX peaked at 35.54K on Aug 25, 2025 and bottomed at -2.78K on Jun 10, 2025, showing a shift between positive and negative gamma regimes. The exposure has been increasing recently, suggesting growing dealer hedging that could dampen volatility. Today's put-call gamma ratio of 0.71 is elevated versus the recent average of 0.49, suggesting increased put hedging. High GEX volatility (±7.89K) suggests frequent repositioning and potential regime changes.
GEX History
Date | Call GEX | Put GEX | Net GEX | P/C GEX |
---|---|---|---|---|
Aug 28, 2025 | 53,402.41 | -38,151.4 | 15,251.01 | 0.71 |
Aug 27, 2025 | 49,059.77 | -33,851.92 | 15,207.85 | 0.69 |
Aug 26, 2025 | 57,671.43 | -25,133.3 | 32,538.13 | 0.44 |
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