Molson Coors Beverage (TAP)
NYSE: TAP
· Real-Time Price · USD
51.67
0.55 (1.08%)
At close: Aug 19, 2025, 11:33 AM
TAP Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for TAP across all expirations is 12,246.08 shares per 1% move, with 35,964.63 from calls and 23,718.55 from puts. The put-call GEX ratio of 0.66 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Oct 17, 25 expiration with 7,398.46 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests possible volatility from negative gamma effects.
TAP GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 4,563.85 | -4,829.8 | -265.95 | 1.06 |
| Oct 17, 25 | 21,638.26 | -14,239.8 | 7,398.46 | 0.66 |
| Jan 16, 26 | 7,712.31 | -3,467.91 | 4,244.4 | 0.45 |
| Apr 17, 26 | 6.48 | -0.74 | 5.74 | 0.11 |
| Jun 18, 26 | 1,025.92 | -415.87 | 610.05 | 0.41 |
| Jan 15, 27 | 1,017.81 | -764.43 | 253.38 | 0.75 |