Closed
⌘K
Sign in Sign up

State Street Materials Select Sector XLB 49.8 -0.19 -0.38%

XLB Gamma Exposure (GEX)

XLB (State Street Materials Select Sector): 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
0.169
Put Call Ratio (OI)
1.57
Put Call Ratio (Vol)
3
IV Rank
0.98
IV Percentile
5.18
Max Pain
51.5

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
-30.3
30.3
View values by strike
XLB · Gamma exposure · 2026-09-21. USD of exposure per 1% underlying move.
StrikeCallsPuts
20.00 74.1 -85.8
22.50 93 -110
25.00 457 -154
27.50 502 -81.6
30.00 1.08 K -426
31.50 444 -16.6
32.00 78.3 -17.5
32.50 12.1 K -1.03 K
33.00 764 -58.2
33.50 476 -20.5
34.00 489 -43
34.50 0 -119
35.00 994 -142 K
35.50 0 -107
36.00 30.6 -161
36.50 0 -77.9
37.00 0 -356
37.50 3.36 K -664
38.00 509 -13.9 K
38.50 0 -450
39.00 518 -4.29 K
39.50 446 -209
40.00 21.1 K -221 K
40.50 167 -840
41.00 2 K -1.76 M
41.50 3.23 K -186 K
42.00 2.78 K -146 K
42.50 19.4 K -58.6 K
43.00 6.81 K -230 K
43.50 7.87 K -243
44.00 9.54 K -6.88 K
44.50 23.4 K -89.9 K
45.00 32.5 K -2.04 M
45.50 19.1 K -8.54 K
46.00 270 K -61.3 K
46.50 767 K -926 K
47.00 8.56 K -268 K
47.50 66.8 K -51.8 K
48.00 26.4 K -13.1 M
48.50 23 K -634 K
49.00 221 K -1.61 M
49.50 16.1 K -254 K
50.00 2.7 M -5.97 M
50.50 156 K -302 K
51.00 473 K -440 K
51.50 265 K -65.5 K
52.00 597 K -477 K
52.50 354 K -586 K
53.00 372 K -39.1 K
53.50 33.9 K 0
54.00 157 K -11.9 K
54.50 1.38 K 0
55.00 1.35 M -628 K
55.50 3.06 K 0
56.00 21 K -461
56.50 3.33 K 0
57.00 9.98 K 0
57.50 81.7 K -280
58.00 885 K 0
59.00 18.1 K 0
60.00 2.69 M 0
61.00 2.32 K 0
62.00 513 0
62.50 82.2 K 0
63.00 319 0
64.00 619 0
65.00 17.3 K 0
66.00 26.2 K 0
67.00 291 0
67.50 18.1 K 0
70.00 19 K 0
75.00 2.43 K 0
80.00 14.6 K 0