XOP· SPDR S&P Oil & Gas Exploration & Production ETF
Gamma exposure · dealer positioning
Expected Move
ATM-straddle implied move from delayed quotes — a market-implied range, not a forecast.
NearestJul 2
±$3.10 (±2.0%)
151.16 — 157.36
MonthlyJul 17
±$7.25 (±4.7%)
147.01 — 161.51
QuarterlySep 18
±$17.85 (±11.6%)
136.41 — 172.11
Spot
154.3
Call Wall
151
Put Wall
151
Zero Gamma
155
Net GEX ($M)
-0.9
Gamma exposure by strike ($M, per 1% move)
Call gammaPut gammaSpotNear EM1M EM3M EM
Near EM 157.4
Near EM 151.2
1M EM 161.5
1M EM 147
3M EM 172.1
3M EM 136.4
Spot 154.3
177
176
174
172.5
171
169
167.5
166
164
162.5
161
159
157.5
156
0.1
154
0.1
0.1
152.5
0.1
0.1
151
1.1
0.2
Call WallPut Wall
149
147
145
143
141
139
137
135