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IP· International Paper
Gamma exposure · dealer positioning

Expected Move

ATM-straddle implied move from delayed quotes — a market-implied range, not a forecast.

NearestJul 24
±$0.57 1.4%)
41.5942.73
MonthlyAug 21
±$4.72 11.2%)
37.4446.88
QuarterlyOct 16
±$7.10 16.8%)
35.0649.26
Spot
42.2
Call Wall
42
Put Wall
42
Zero Gamma
42.5
Net GEX ($M)
0

Gamma exposure by strike ($M, per 1% move)

Call gammaPut gammaSpotNear EM1M EM3M EM
Near EM 42.7
Near EM 41.6
1M EM 46.9
1M EM 37.4
Spot 42.2
48
47
46
45
44
43
42
0
0
Call WallPut Wall
41
40
39
38
37
36