PIMCO 0-5 Year High Yield... (HYS)
AMEX: HYS
· Real-Time Price · USD
95.35
0.60 (0.63%)
At close: Aug 22, 2025, 3:59 PM
95.31
-0.04%
After-hours: Aug 22, 2025, 05:26 PM EDT
HYS Delta Exposure By Expiry
The total Delta Exposure (DEX) for HYS across all expirations shows -1,462.13 net shares that market makers must hedge, with 116.09 from calls and 1,578.22 from puts. The put-call delta ratio of 13.59 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Dec 19, 25 with -1,100.74 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
HYS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | -361.39 | -361.39 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 116.09 | -1,216.83 | -1,100.74 | 10.48 |
| Mar 20, 26 | 0 | 0 | 0 | n/a |