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BETA
LII· Lennox International
Gamma exposure · dealer positioning

Expected Move

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

NearestAug 21
±$52.40 9.7%)
488.73593.53
MonthlyAug 21
±$52.40 9.7%)
488.73593.53
QuarterlySep 18
±$66.35 12.3%)
474.78607.48
Spot
541.1
Call Wall
570
Put Wall
480
Zero Gamma
535
Net GEX ($M)
0

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

Call gammaPut gammaSpotNear EM1M EM3M EM
Near EM 593.5
Near EM 488.7
1M EM 593.5
1M EM 488.7
3M EM 607.5
3M EM 474.8
Spot 541.1
620
610
0
600
0
590
0
580
0
570
0
Call Wall
560
0
550
0
540
530
0
0
520
0
510
500
490
480
0
Put Wall
470
460