W&T Offshore Inc.

NYSE: WTI · Real-Time Price · USD
1.82
0.02 (1.11%)
At close: Aug 27, 2025, 1:03 PM

WTI Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for WTI across all expirations is 21,570.25 shares per 1% move, with 23,944.08 from calls and 2,373.83 from puts. The put-call GEX ratio of 0.10 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 Jan 16, 26 expiration with 16,989.36 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.

WTI GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 1,058.27 -51.12 1,007.15 0.05
Oct 17, 25 3,616.47 -44.6 3,571.87 0.01
Jan 16, 26 19,263.07 -2,273.71 16,989.36 0.12
Apr 17, 26 6.27 -4.4 1.87 0.70