(TZA)
AMEX: TZA
· Real-Time Price · USD
9.23
0.14 (1.54%)
At close: Aug 25, 2025, 1:51 PM
TZA Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for TZA across all expirations is 1,321.51 shares per 1% move, with 40,152.65 from calls and 38,831.14 from puts. The put-call GEX ratio of 0.97 reflects balanced positioning between puts and calls. The highest gamma concentration is at the Sep 19, 25 expiration with 5,167.78 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 29, 25 suggests potential support from positive gamma hedging flows.
TZA GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 29, 25 | 9,728.15 | -7,707.58 | 2,020.57 | 0.79 |
| Sep 5, 25 | 1,963.37 | -2,490.28 | -526.91 | 1.27 |
| Sep 12, 25 | 421.04 | -1,028.6 | -607.56 | 2.44 |
| Sep 19, 25 | 8,388.83 | -3,221.05 | 5,167.78 | 0.38 |
| Sep 26, 25 | 337.96 | -670.45 | -332.49 | 1.98 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 8,822.94 | -9,392.63 | -569.69 | 1.06 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 8,331.41 | -7,760.08 | 571.33 | 0.93 |
| Apr 17, 26 | 12.34 | -74.39 | -62.05 | 6.03 |
| Jan 15, 27 | 2,146.61 | -6,486.08 | -4,339.47 | 3.02 |