(SMH)
SMH Daily Gamma Exposure
Current Gamma Exposure (GEX) is -222.4K, which is 1221% below the 3M average of 19.84K. Over this period, GEX peaked at 110.43K on Jul 3, 2025 and bottomed at -371.38K on Aug 21, 2025, showing a shift between positive and negative gamma regimes. The exposure has been decreasing recently, indicating reduced hedging flows that may amplify price swings. Today's put-call gamma ratio of 1.34 is elevated versus the recent average of 1.14, suggesting increased put hedging. High GEX volatility (±98.28K) suggests frequent repositioning and potential regime changes.
GEX History
| Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 2025 | 662,737.18 | -885,134.39 | -222,397.21 | 1.34 |
| Aug 21, 2025 | 616,544.77 | -987,926.11 | -371,381.34 | 1.60 |
| Aug 20, 2025 | 618,834.16 | -937,542.38 | -318,708.22 | 1.52 |
Stop Guessing, Start Knowing.
Cut through market noise with actionable insights that actually help you make confident investment decisions. No more endless research or gut-based guessing.
- Unlimited access to all data and tools
- Unlimited access to all data and tools, giving you the edge over everyone else in the market.
- Realtime Options & Dark Pool Data
- Instant access to live options & dark pool data to spot opportunities and trade with precision before the market moves.
- Top Wallstreet Analyst Ratings
- Follow ratings from the best analysts on Wall Street to stay ahead.
- Up to 30 years financial history
- We deliver premium Wall Street data with top-tier accuracy and up to 30 years of history.