Pre-market
⌘K
Sign in Sign up

Vanguard Materials ETF VAW 223.35 -0.14 -0.06%

VAW Gamma Exposure (GEX)

VAW (Vanguard Materials 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
0.197
Put Call Ratio (OI)
0.512
Put Call Ratio (Vol)
1
IV Rank
24.3
IV Percentile
26.6
Max Pain
225

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
242.0
| Δ | |\Delta|
0.00
1.00
Moneyness Moneyness
-131.5
131.5
View values by strike
VAW · Gamma exposure · 2026-09-21. USD of exposure per 1% underlying move.
StrikeCallsPuts
130.00 0 -128
170.00 0 -102
198.00 0 -799
200.00 0 -2.53 K
205.00 574 -576
210.00 2 K -744
215.00 4.05 K 0
220.00 4.06 K -5.46 K
225.00 7.72 K -3.53 K
230.00 1.08 K -22.7 K
235.00 7.15 K -2.96 K
240.00 5.01 K 0
245.00 543 0
250.00 3.92 K 0
255.00 450 0
260.00 1.62 K 0
265.00 348 0
275.00 180 0
280.00 259 0
290.00 126 0
295.00 116 0
300.00 146 0
310.00 123 0
340.00 259 0
350.00 3.13 K 0