Pre-market
⌘K
Sign in Sign up

VanEck Gold Miners ETF GDX 94.82 -0.66 -0.69%

GDX Gamma Exposure (GEX)

GDX (VanEck Gold Miners 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
0.41
Put Call Ratio (OI)
1.47
Put Call Ratio (Vol)
1.38
IV Rank
19.2
IV Percentile
15.1
Max Pain
95

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}
4.0
851.0
| Δ | |\Delta|
0.00
1.00
Moneyness Moneyness
-125.4
125.4
View values by strike
GDX · Gamma exposure · 2026-09-21. USD of exposure per 1% underlying move.
StrikeCallsPuts
5.00 5.03e-5 0
10.00 0 -1.11
18.00 0 -514
20.00 178 -1.44 K
22.00 8.86 -197
25.00 850 -17.9 K
26.00 31.9 -28.3 K
27.00 844 -11.3 K
28.00 971 -6.05 K
29.00 -1.16e-4 -23.5 K
30.00 2.21 K -35.9 K
31.00 7.23 -19.7 K
32.00 1.28 K -6.13 K
33.00 3.72 K -24.4 K
34.00 675 -28.1 K
35.00 14.8 K -56.5 K
36.00 1.09 K -2.4 K
37.00 454 -2.61 K
38.00 15.9 K -20.9 K
39.00 428 -2.87 K
40.00 31.1 K -48.8 K
41.00 1.67 K -63.7 K
42.00 1.92 K -22.6 K
43.00 1.48 K -14.4 K
44.00 1.39 K -30.7 K
45.00 24.6 K -54.8 K
46.00 1.71 K -31.2 K
47.00 505 -1 K
48.00 3.98 K -7.87 K
49.00 3.48 K -14.2 K
50.00 37.3 K -106 K
51.00 4.23 K -14.4 K
52.00 8.94 K -32.6 K
53.00 7.53 K -52.4 K
54.00 7.49 K -56.6 K
55.00 42.4 K -248 K
56.00 9.21 K -30.7 K
57.00 14.6 K -86 K
58.00 6.85 K -55.7 K
59.00 9.74 K -31.9 K
60.00 261 K -755 K
61.00 5.23 K -14.9 K
62.00 8.04 K -16.4 K
63.00 5.64 K -34.8 K
64.00 3.77 K -132 K
65.00 175 K -2.94 M
66.00 8.87 K -81.7 K
67.00 13.2 K -2.88 M
68.00 6.42 K -400 K
69.00 47.9 K -557 K
70.00 644 K -5.13 M
71.00 32.5 K -195 K
72.00 92.8 K -218 K
73.00 124 K -625 K
74.00 159 K -926 K
75.00 808 K -11.1 M
76.00 150 K -853 K
77.00 225 K -582 K
77.50 218 -3.04 K
78.00 105 K -648 K
78.50 0 -1.04 K
79.00 300 K -558 K
79.50 529 -77.3 K
80.00 2.15 M -9.08 M
80.50 0 -4.6 K
81.00 198 K -873 K
81.50 0 -752
82.00 234 K -1.07 M
82.50 0 -410
83.00 699 K -1.3 M
83.50 614 -2.77 K
84.00 559 K -923 K
84.50 2.72 K -5.93 K
85.00 2.21 M -15.4 M
85.50 391 -41.4 K
86.00 367 K -1.38 M
86.50 236 -110 K
87.00 460 K -1.58 M
87.50 5.58 K -40 K
88.00 328 K -2.7 M
88.50 3.48 K -173 K
89.00 544 K -1.47 M
89.50 4.09 K -9.68 K
90.00 5.63 M -17 M
90.50 2.51 K -28.4 K
91.00 919 K -2.65 M
91.50 4.55 K -26.7 K
92.00 793 K -3.49 M
92.50 34.1 K -892 K
93.00 1.09 M -6.3 M
93.50 34.4 K -422 K
94.00 980 K -1.95 M
94.50 21.5 K -34.4 K
95.00 6.32 M -6.93 M
95.50 18 K -19 K
96.00 3.3 M -1.26 M
96.50 111 K -132 K
97.00 13.2 M -7.99 M
97.50 5.54 K -15.4 K
98.00 7.64 M -2.07 M
98.50 24.7 K -8.25 K
99.00 6.19 M -2.11 M
99.50 40.4 K -22.1 K
100.00 26 M -3.62 M
100.50 7.02 K -1.4 K
101.00 1.12 M -545 K
101.50 13.4 K -16 K
102.00 3.72 M -331 K
102.50 25.8 K -907
103.00 3.53 M -362 K
103.50 1.04 K 0
104.00 1.9 M -235 K
104.50 18.7 K 0
105.00 4.9 M -1.21 M
105.50 20 K -227
106.00 688 K -63.1 K
107.00 316 K -94.3 K
108.00 606 K -337 K
109.00 353 K -27.9 K
110.00 12.5 M -918 K
111.00 263 K -67.6 K
112.00 192 K -30.2 K
113.00 271 K -32.2 K
114.00 103 K -8.36 K
115.00 3.88 M -537 K
116.00 57.1 K -114
117.00 45 K -229
118.00 153 K -526
119.00 38.5 K -14.3 K
120.00 5.59 M -400 K
121.00 135 K -3.6 K
122.00 83.4 K -3.4 K
123.00 44.8 K -4.49 K
124.00 157 K -5.17 K
125.00 2.64 M -60.1 K
130.00 1.21 M -26.5 K
135.00 327 K -1.36 K
140.00 1.16 M -2.98 K
145.00 95.8 K -1.51 K
150.00 1.4 M -5.36 K
155.00 270 K 0
160.00 193 K -175
165.00 39.9 K 0
170.00 292 K -80.3
175.00 26.1 K 0
180.00 48.8 K 0
185.00 52.1 K -148
190.00 307 K 0
195.00 1.49 K 0
200.00 94.6 K 0
205.00 1.44 K 0
210.00 6.7 K 0
215.00 1.32 K 0
220.00 150 K 0