Grayscale Bitcoin Mini Trust (BTC) (BTC) ETF Delta Exposure by Expiration - Options Greeks Analysis - Stocknear

Grayscale Bitcoin Mini Tr...

AMEX: BTC · Real-Time Price · USD
55.73
1.30 (2.39%)
At close: Oct 06, 2025, 3:05 PM

BTC Delta Exposure By Expiry

The total Delta Exposure (DEX) for BTC across all expirations shows 357,198.2 net shares that market makers must hedge, with 444,216.57 from calls and 87,018.37 from puts. The put-call delta ratio of 0.20 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.

BTC DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Oct 17, 25 68,645.97 -19,842.21 48,803.76 0.29
Nov 21, 25 24,844.04 -4,057.5 20,786.54 0.16
Dec 19, 25 83,088.49 -14,694.77 68,393.72 0.18
Jan 16, 26 128,601.56 -29,550.57 99,050.99 0.23
Mar 20, 26 34,427.46 -8,578.22 25,849.24 0.25
Jan 15, 27 93,723.31 -8,191.42 85,531.89 0.09
Jan 21, 28 10,885.74 -2,103.68 8,782.06 0.19