Horizon Kinetics SPAC Active ETF (SPAQ) 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.

Horizon Kinetics SPAC Active ETF (SPAQ) operates in the Financial Services sector, specifically the Shell Companies industry, with a market capitalization near $9.9M, listed on NASDAQ, carrying a beta of 0.03 to the broader market. The Horizon Kinetics SPAC Active ETF seeks to generate realized capital gains on a risk-adjusted basis by investing in special purpose acquisition companies believed to generate net realized capital gains. Led by Geoffrey D. Strong, public since 2023-01-30.

Greeks exposure analysis shows dealer hedging pressure across strike prices for all six Greeks. No recent options activity for SPAQ as of 2026-06-02; 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 →