MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) Gamma Exposure (GEX) & Greeks

Gamma exposure (GEX) analysis shows how options positioning creates dealer hedging pressure across strikes. Includes delta, vanna, charm, vomma, and vega exposure by strike price.

MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $2.3M, listed on AMEX, carrying a beta of 0.89 to the broader market. This senior, unsecured, medium-term note, issued by Bank of Montreal, is designed to deliver returns that are three times (3x) the inverse daily performance of its underlying index, compounded on a daily basis. public since 2025-02-20.

Greeks exposure analysis shows dealer hedging pressure across strike prices for all six Greeks. No recent options activity for NRGD as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how gamma exposure is reported and how to read the data →