Net gamma exposure for First Trust Energy AlphaDEX Fund (FXN) options was positive at the Nov 13, 2026 close, about $603 per 1% move in the stock. It has been positive on 20 of the last 20 trading days. With positive gamma, dealer hedging tends to lean against price moves, which can dampen swings.
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Gamma Exposure by Strike
Showing results for FXN, 2026-11-20(m), calls & puts
Gamma Exposure Stats
Showing results for FXN, 2026-11-20(m), calls & puts
| Net GEX ($ per 1% move) | $0 |
|---|---|
| Call GEX ($ per 1% move) | $0 |
| Put GEX ($ per 1% move) | $0 |
| Call Wall | |
| Put Wall | |
| Gamma Flip (Zero Gamma) |
Net Gamma Exposure by Expiration
Showing results for FXN, 2026-11-20(m), calls & puts. View all expiries
| Expiration | Net GEX | Call GEX | Put GEX | Call Wall | Put Wall | Gamma Flip |
|---|---|---|---|---|---|---|
| Nov 20, 2026 5 DTE monthly | $0 | $0 | $0 |
FXN Gamma Exposure FAQ
What is gamma exposure (GEX)?
Gamma exposure estimates how much stock option dealers must buy or sell to stay hedged for each 1% move in the underlying.
Is FXN gamma exposure positive or negative?
FXN net gamma exposure was positive on Nov 13, 2026, at $603. It has been positive on 20 of the last 20 trading days.
How has FXN gamma exposure changed recently?
FXN net gamma exposure went from $815 on Oct 16, 2026 to $603 on Nov 13, 2026. That is its lowest reading in 12 weeks. See the FXN gamma exposure history for a longer view.