Magnificent Seven ETF (MAGS)
CBOE: MAGS
· Real-Time Price · USD
59.83
1.45 (2.48%)
At close: Aug 22, 2025, 3:00 PM
MAGS Delta Exposure By Expiry
The total Delta Exposure (DEX) for MAGS across all expirations shows 832,654.35 net shares that market makers must hedge, with 1,026,199.94 from calls and 193,545.59 from puts. The put-call delta ratio of 0.19 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 438,437.08 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
MAGS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 31,204.77 | -7,431.41 | 23,773.36 | 0.24 |
| Sep 5, 25 | 7,161.3 | -10,241.94 | -3,080.64 | 1.43 |
| Sep 12, 25 | 1,229.24 | -2,001.01 | -771.77 | 1.63 |
| Sep 19, 25 | 407,559.44 | -83,646.08 | 323,913.36 | 0.21 |
| Sep 26, 25 | 6,868.69 | -2,403.12 | 4,465.57 | 0.35 |
| Oct 3, 25 | 48.95 | 0 | 48.95 | 0.00 |
| Oct 17, 25 | 7,750.37 | -10,859.2 | -3,108.83 | 1.40 |
| Dec 19, 25 | 491,911.48 | -53,474.4 | 438,437.08 | 0.11 |
| Mar 20, 26 | 72,465.7 | -23,488.43 | 48,977.27 | 0.32 |