AMEX: TMF · Real-Time Price · USD
37.65
0.77 (2.09%)
At close: Aug 22, 2025, 3:59 PM
37.58
-0.19%
After-hours: Aug 22, 2025, 06:29 PM EDT

TMF Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for TMF across all expirations is -12,230.68 shares per 1% move, with 179,070.45 from calls and 191,301.13 from puts. The put-call GEX ratio of 1.07 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance). The highest gamma concentration is at the Sep 12, 25 expiration with -25,682.56 net GEX, which may act as a pivot point for price action. Near-term exposure for Aug 29, 25 suggests possible volatility from negative gamma effects.

TMF GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 29, 25 36,995.25 -45,643.21 -8,647.96 1.23
Sep 5, 25 13,379.46 -15,793.31 -2,413.85 1.18
Sep 12, 25 6,348.14 -32,030.7 -25,682.56 5.05
Sep 19, 25 31,458.69 -21,590.77 9,867.92 0.69
Sep 26, 25 3,575.9 -19,148.7 -15,572.8 5.35
Oct 3, 25 0 0 0 n/a
Oct 17, 25 3,146.63 -2,386.06 760.57 0.76
Nov 21, 25 18,497.5 -27,908.5 -9,411 1.51
Jan 16, 26 47,484.77 -21,815.83 25,668.94 0.46
Feb 20, 26 7,218.55 -3,050.39 4,168.16 0.42
Jan 15, 27 10,965.56 -1,933.66 9,031.9 0.18