JPMorgan BetaBuilders Eur... (BBEU)
CBOE: BBEU
· Real-Time Price · USD
67.74
0.27 (0.40%)
At close: Sep 03, 2025, 3:00 PM
BBEU Delta Exposure By Expiry
The total Delta Exposure (DEX) for BBEU across all expirations shows 956.39 net shares that market makers must hedge, with 1,319.18 from calls and 362.79 from puts. The put-call delta ratio of 0.28 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 386.6 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
BBEU DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 493.58 | -191.83 | 301.75 | 0.39 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 417.1 | -30.5 | 386.6 | 0.07 |
| Jan 16, 26 | 61.17 | 0 | 61.17 | 0.00 |
| Mar 20, 26 | 347.33 | -140.46 | 206.87 | 0.40 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |