GDX· VanEck Gold Miners ETF
Gamma exposure · dealer positioning
Expected Move
ATM-straddle implied move from delayed quotes — a market-implied range, not a forecast.
NearestJul 2
±$2.42 (±3.2%)
73.03 — 77.87
MonthlyJul 17
±$5.56 (±7.4%)
69.89 — 81.01
QuarterlySep 18
±$12.25 (±16.2%)
63.20 — 87.70
Spot
75.5
Call Wall
78
Put Wall
73
Zero Gamma
75.5
Net GEX ($M)
30.8
Gamma exposure by strike ($M, per 1% move)
Call gammaPut gammaSpotNear EM1M EM3M EM
Near EM 77.9
Near EM 73
1M EM 81
1M EM 69.9
Spot 75.5
86.5
86
85.5
85
84.5
84
83.5
83
1
82.5
82
2.8
81.5
81
1.6
80.5
80
0.5
79
5.9
78.5
78
12.4
Call Wall
77.5
2.7
77
1.1
8.5
76.5
76
0.9
2.5
75
0.9
74
1.2
73.5
0.6
73
1.6
Put Wall
72.5
72
0.6
71.5
71
70
0.6
69
68
67
66
65