Direxion Daily NYSE FANG+... (FNGG)
AMEX: FNGG
· Real-Time Price · USD
221.61
6.10 (2.83%)
At close: Sep 03, 2025, 11:44 AM
FNGG Delta Exposure By Expiry
The total Delta Exposure (DEX) for FNGG across all expirations shows 56,653.85 net shares that market makers must hedge, with 104,939.56 from calls and 48,285.71 from puts. The put-call delta ratio of 0.46 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 58,237.59 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
FNGG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 154.11 | -542.81 | -388.7 | 3.52 |
| Oct 17, 25 | 98,719.29 | -40,481.7 | 58,237.59 | 0.41 |
| Jan 16, 26 | 5,321.21 | -7,232.13 | -1,910.92 | 1.36 |
| Apr 17, 26 | 744.95 | -29.07 | 715.88 | 0.04 |