AMEX: SPBO · Real-Time Price · USD
29.34
0.18 (0.63%)
At close: Aug 22, 2025, 3:59 PM
29.34
0.02%
After-hours: Aug 22, 2025, 05:29 PM EDT

SPBO Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for SPBO across all expirations is 42.7 shares per 1% move, with 55.31 from calls and 12.61 from puts. The put-call GEX ratio of 0.23 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 42.7 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.

SPBO GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 55.31 -12.61 42.7 0.23
Oct 17, 25 0 0 0 n/a
Jan 16, 26 0 0 0 n/a
Apr 17, 26 0 0 0 n/a