Williams Companies Inc.

NYSE: WMB · Real-Time Price · USD
57.06
-0.74 (-1.28%)
At close: Aug 22, 2025, 3:59 PM
57.15
0.16%
After-hours: Aug 22, 2025, 07:24 PM EDT

WMB Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for WMB across all expirations is -20,434.08 shares per 1% move, with 176,278.05 from calls and 196,712.13 from puts. The put-call GEX ratio of 1.12 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 Aug 29, 25 expiration with -45,330.31 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.

WMB GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Aug 29, 25 11,230.21 -56,560.52 -45,330.31 5.04
Sep 5, 25 15,995.08 -2,819.63 13,175.45 0.18
Sep 12, 25 4,501.85 -3,044.08 1,457.77 0.68
Sep 19, 25 64,219.41 -34,478.19 29,741.22 0.54
Sep 26, 25 6,975.24 -43,581.6 -36,606.36 6.25
Oct 3, 25 0 0 0 n/a
Oct 17, 25 18,896.83 -8,933.66 9,963.17 0.47
Nov 21, 25 14,047.43 -11,507.59 2,539.84 0.82
Jan 16, 26 25,828 -26,071.46 -243.46 1.01
Feb 20, 26 1,196.7 -433.34 763.36 0.36
Mar 20, 26 4,030.37 -5,701.91 -1,671.54 1.41
Jun 18, 26 2,552.85 -1,929.44 623.41 0.76
Sep 18, 26 670.16 -306.48 363.68 0.46
Jan 15, 27 6,133.92 -1,344.23 4,789.69 0.22