ProShares - Online Retail... (ONLN)
AMEX: ONLN
· Real-Time Price · USD
58.03
1.47 (2.60%)
At close: Aug 22, 2025, 3:59 PM
58.03
0.00%
After-hours: Aug 22, 2025, 06:26 PM EDT
ONLN Delta Exposure By Expiry
The total Delta Exposure (DEX) for ONLN across all expirations shows 817.62 net shares that market makers must hedge, with 919.03 from calls and 101.41 from puts. The put-call delta ratio of 0.11 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Mar 20, 26 with 439.85 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.
ONLN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 340.11 | -87.88 | 252.23 | 0.26 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 139.07 | -13.53 | 125.54 | 0.10 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 439.85 | 0 | 439.85 | 0.00 |