Incannex Healthcare Inc. (IXHL) Gamma Exposure

Net dealer gamma exposure in Incannex Healthcare Inc. (IXHL) options is $51.75K — dealers are net long gamma. Gamma exposure (GEX) estimates how much market makers must re-hedge as IXHL 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 Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$3.79
52-week range
$2.87 – $3.97
ATM IV (30d)
500.0%
IV rank
81 / 100
High
Expected move
±$4.86 (±128.2%)
Put/call OI
0.06
Call-heavy
Max pain
$3
↓ 20.8% below close
Next earnings
Sep 29, 2026

IXHL Gamma Exposure by Strike

Net gamma exposure (GEX)$51.75K
Net delta exposure93.45K
Total call open interest1,152
Total put open interest69

Net dealer gamma exposure is $51.75K. When dealers are long gamma they sell into rallies and buy dips to stay hedged, which tends to dampen price swings.

IXHL Net GEX History

$0$55K$110K$165K$220KJun '26Jul '26Aug '26

IXHL net dealer gamma exposure, past year.

Net dealer gamma exposure has risen from $3.7K in Jun '26 to $51.7K today.

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IXHL Options FAQ

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

IXHL's net dealer gamma exposure is $51.75K as of Aug 25, 2026. Positive GEX means dealer hedging leans against the market — selling rallies and buying dips — which tends to dampen swings.

How is IXHL gamma exposure calculated?

OptiView multiplies each open IXHL 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.