AMEX: SPIB · Real-Time Price · USD
33.65
0.04 (0.12%)
At close: Aug 19, 2025, 3:59 PM
33.63
-0.04%
After-hours: Aug 19, 2025, 04:10 PM EDT

SPIB Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for SPIB across all expirations is 121.32 shares per 1% move, with 229.86 from calls and 108.54 from puts. The put-call GEX ratio of 0.47 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 Nov 21, 25 expiration with 82.83 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.

SPIB GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 40.45 0 40.45 0.00
Oct 17, 25 0 0 0 n/a
Nov 21, 25 169.96 -87.13 82.83 0.51
Jan 16, 26 0 0 0 n/a
Feb 20, 26 19.45 -21.41 -1.96 1.10