Pre-market
⌘K
Sign in Sign up

First Trust Water ETF FIW 105.39 0.25 0.24%

FIW Gamma Exposure (GEX)

FIW (First Trust Water ETF): See how call and put gamma exposure is distributed across option strikes. Free delayed preview.

Previous-day view · Mon Sep 21 close. You are previewing the previous trading day. Subscribe to see today live and every other date — plans start at Delta, $39/mo. Sign up Sign in
ATM IV
0.196
Put Call Ratio (OI)
0.16
Put Call Ratio (Vol)
0.255
IV Rank
18.8
IV Percentile
64.6
Max Pain
109

Gamma exposure (2026-09-21)

GEX estimates dealer hedging flow at each strike.

Positive GEX = dealers are long gamma; they buy the dip and sell the rip, dampening volatility. Negative GEX = dealers are short gamma; they sell the dip and buy the rip, amplifying volatility.

DTE \text{DTE}
25.0
179.0
| Δ | |\Delta|
0.00
1.00
Moneyness Moneyness
-40.5
40.5
View values by strike
FIW · Gamma exposure · 2026-09-21. USD of exposure per 1% underlying move.
StrikeCallsPuts
85.00 0 -180
90.00 0 -138
95.00 0 -218
98.00 0 -239
99.00 0 -571
100.00 367 -355
101.00 0 -676
105.00 538 0
107.00 604 0
108.00 0 -774
109.00 0 -1.25 K
110.00 7.64 K 0
111.00 419 0
114.00 1.78 K 0
115.00 7.33 K 0
120.00 2.07 K 0
125.00 282 0
130.00 1.73 K 0
135.00 85.5 0