SW· Smurfit Westrock
Gamma exposure · dealer positioning
Expected Move
ATM-straddle implied move from delayed quotes — a market-implied range, not a forecast.
NearestAug 21
±$5.30 (±11.9%)
39.21 — 49.81
MonthlyAug 21
±$5.30 (±11.9%)
39.21 — 49.81
QuarterlyOct 16
±$7.80 (±17.5%)
36.71 — 52.31
Spot
44.5
Call Wall
50
Put Wall
40
Zero Gamma
42.5
Net GEX ($M)
0.3
Gamma exposure by strike ($M, per 1% move)
Call gammaPut gammaSpotNear EM1M EM3M EM
Near EM 49.8
1M EM 49.8
Spot 44.5
50
0.3
Call Wall
45
0.1
40
0
Put Wall