Closed
⌘K
Sign in Sign up

State Street SPDR S&P Metals XME 109.5 0.82 0.75%

XME Gamma Exposure (GEX)

XME (State Street SPDR S&P Metals): 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
0.345
Put Call Ratio (OI)
1.01
Put Call Ratio (Vol)
0.752
IV Rank
28.2
IV Percentile
14.3
Max Pain
111

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
851.0
| Δ | |\Delta|
0.00
1.00
Moneyness Moneyness
-85.8
85.8
View values by strike
XME · Gamma exposure · 2026-09-21. USD of exposure per 1% underlying move.
StrikeCallsPuts
30.00 1.83e-8 0
35.00 13.2 0
40.00 27.7 0
45.00 2.98 K -39.3 K
46.00 33.5 -58.4
47.00 0 -22.8
48.00 -3.18e-7 -31.8
49.00 0 -24.9
50.00 76 -363
51.00 3.18 -263
52.00 3.7 -7.24 K
53.00 0 -185
54.00 47.7 -286
55.00 31.1 -13.3 K
56.00 26.1 -17.1
57.00 7.87 -412
58.00 83.6 -494
59.00 374 -247
60.00 189 -927
61.00 1.1 K -972
62.00 14.8 -179
63.00 -8.5e-8 -541
64.00 671 -108
65.00 580 -2.21 K
66.00 104 -1.09 K
67.00 16.4 -296
68.00 41.5 0
69.00 319 -55.3
70.00 38.6 K -40 K
71.00 6 K -396
72.00 42.8 0
73.00 26.1 -51.8
75.00 4.89 K -5.68 K
76.00 516 -1.12 K
77.00 0 -1.35 K
78.00 169 -1.39 K
79.00 48.6 -1.02 K
80.00 5.91 K -465 K
81.00 5.49 K -29.2 K
82.00 616 -5.2 K
83.00 467 -3.93 K
84.00 134 -2.51 K
85.00 7.99 K -286 K
86.00 278 -928
87.00 145 -1.5 K
88.00 2.24 K -41.5 K
89.00 592 -21.6 K
90.00 18.6 K -292 K
91.00 6.52 K -4.35 K
92.00 10.2 K -171 K
93.00 16.9 K -6.31 K
94.00 8.76 K -84.3 K
95.00 21.2 K -354 K
96.00 642 -5.52 K
97.00 2.22 K -11.5 K
98.00 4.92 K -819 K
99.00 2.67 K -146 K
100.00 500 K -2.45 M
101.00 12.8 K -263 K
102.00 208 K -14.6 K
103.00 2.82 K -58.8 K
104.00 1.54 K -38.8 K
105.00 54.7 K -410 K
106.00 1.6 K -28.4 K
107.00 3.7 K -273 K
108.00 1.77 K -1.58 M
109.00 2.23 K -92.4 K
110.00 1.44 M -404 K
111.00 46 K -34 K
112.00 21.8 K -39.4 K
113.00 22.2 K -30 K
114.00 34.7 K -14.8 K
115.00 1.17 M -1.13 M
116.00 13 K -51.9 K
117.00 32.4 K -28.4 K
118.00 81.2 K -36.3 K
119.00 22.9 K -26.2 K
120.00 2.79 M -391 K
121.00 3.39 K -2.56 K
122.00 1.59 K -2.29 K
123.00 16.8 K -2.97 K
124.00 19.2 K -686
125.00 1.33 M -133 K
126.00 10.2 K 0
127.00 1.1 K -1.73 K
128.00 3.21 K 0
129.00 3.87 K 0
130.00 471 K -48.6 K
131.00 143 K 0
132.00 8.97 K 0
133.00 880 0
134.00 2.12 K 0
135.00 289 K -12.8 K
140.00 381 K -2.3 K
145.00 395 K -13.1 K
150.00 288 K 0
155.00 8.45 K -273
160.00 54.7 K 0
165.00 18 K 0
170.00 249 K 0
175.00 27.2 K 0
180.00 1.67 K 0
185.00 3.54 K 0
190.00 35.2 K 0
195.00 7.48 K 0