ITUB3 Gamma Exposure

Net dealer gamma exposure in ITUB3 options is $823.03K — dealers are net long gamma. Gamma exposure (GEX) estimates how much market makers must re-hedge as ITUB3 moves. This page maps that exposure strike by strike, marks the gamma flip level, and explains what the hedging pressure means for price behavior in plain English.

Data as of Oct 8, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Put/call OI
0.00
Call-heavy
Max pain
$4.42

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ITUB3 Gamma Exposure by Strike

Net gamma exposure (GEX)$823.03K
Net delta exposure654.54K
Total call open interest7,016
Total put open interest0

Net dealer gamma exposure is $823.03K. When dealers are long gamma they sell into rallies and buy dips to stay hedged, which tends to dampen price swings.

ITUB3 Net GEX History

$0$1M$2M$3M$4MApr '26Jul '26Oct '26

ITUB3 net dealer gamma exposure, past year.

Net dealer gamma exposure has risen from $18.6K in Apr '26 to $823K today.

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ITUB3 Options FAQ

What is ITUB3's gamma exposure (GEX) today?

ITUB3's net dealer gamma exposure is $823.03K as of Oct 8, 2026. Positive GEX means dealer hedging leans against the market — selling rallies and buying dips — which tends to dampen swings.

How is ITUB3 gamma exposure calculated?

OptiView multiplies each open ITUB3 contract's gamma by its open interest, contract size, and the square of the share price, counting calls as positive and puts as negative dealer exposure. Summing across all strikes and expirations gives net GEX; the per-strike breakdown is shown in the chart above.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.