X-Square Municipal Income ETF (ZTAX) 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.

X-Square Municipal Income ETF (ZTAX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $4.5M, listed on AMEX, carrying a beta of 0.20 to the broader market. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes, if any) in tax-exempt municipal securities, the income from which is exempt from both federal and state income tax. public since 2023-05-19.

Greeks exposure analysis shows dealer hedging pressure across strike prices for all six Greeks. No recent options activity for ZTAX as of 2026-06-01; 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 →