Treace Medical Concepts I... (TMCI)

The total Gamma Exposure (GEX) for TMCI across all expirations is 98.37 shares per 1% move, with 152.31 from calls and 53.94 from puts. The put-call GEX ratio of 0.35 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 Dec 19, 25 expiration with 51.14 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.