ZTO Express (Cayman) Inc. (ZTO)
NYSE: ZTO
· Real-Time Price · USD
19.73
-0.48 (-2.38%)
At close: Aug 19, 2025, 3:59 PM
18.69
-5.30%
After-hours: Aug 19, 2025, 07:51 PM EDT
ZTO Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for ZTO across all expirations is 14,646.36 shares per 1% move, with 27,561.81 from calls and 12,915.45 from puts. The put-call GEX ratio of 0.47 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 12,125.51 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.
ZTO GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 5,106.64 | -1,381.42 | 3,725.22 | 0.27 |
| Oct 17, 25 | 1,487.87 | -516.45 | 971.42 | 0.35 |
| Dec 19, 25 | 18,921.72 | -6,796.21 | 12,125.51 | 0.36 |
| Jan 16, 26 | 786.28 | -2,555.91 | -1,769.63 | 3.25 |
| Apr 17, 26 | 1.29 | 0 | 1.29 | 0.00 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 1,258.01 | -1,665.46 | -407.45 | 1.32 |