MILLERKNOLL, INC. (MLKN) Gamma Exposure

Net dealer gamma exposure in MILLERKNOLL, INC. (MLKN) options is $728.05K — dealers are net long gamma. Gamma exposure (GEX) estimates how much market makers must re-hedge as MLKN 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 Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$20.03
52-week range
$12.63 – $22.84
ATM IV (30d)
78.3%
IV rank
45 / 100
Moderate
Expected move
±$2.17 (±10.8%)
Put/call OI
1.00
Max pain
$17.5
↓ 12.6% below close
Next earnings
Jul 26, 2026

MLKN Gamma Exposure by Strike

-$2M-$1M$0$1M$2MCall GEXPut GEXCumulative GEXSpot17.502022.5025

MLKN call GEX (green, above) and put GEX (red, below) by strike, with the cumulative net GEX line (blue). The line crosses zero at the gamma flip level — where net dealer positioning switches from stabilising to amplifying.

Net gamma exposure (GEX)$728.05K
Net delta exposure39.53K
Total call open interest834
Total put open interest832

Net dealer gamma exposure is $728.05K. When dealers are long gamma they sell into rallies and buy dips to stay hedged, which tends to dampen price swings. The single largest gamma concentration sits at the $20 strike, which often acts as a magnet or barrier while dealers hedge around it.

MLKN Net GEX History

-$293K$109K$510K$911K$1MFeb '26May '26Jul '26

MLKN net dealer gamma exposure, past year.

Net dealer gamma exposure has risen from $1.1K in Feb '26 to $728.1K today.

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MLKN Options FAQ

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

MLKN's net dealer gamma exposure is $728.05K as of Jul 10, 2026. Positive GEX means dealer hedging leans against the market — selling rallies and buying dips — which tends to dampen swings.

How is MLKN gamma exposure calculated?

OptiView multiplies each open MLKN 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.