VanEck Merk Gold ETF (OUNZ)
AMEX: OUNZ
· Real-Time Price · USD
38.10
0.68 (1.82%)
At close: Oct 06, 2025, 10:54 AM
OUNZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for OUNZ across all expirations shows 14,997.37 net shares that market makers must hedge, with 16,840.09 from calls and 1,842.72 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.
OUNZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 3,743.51 | -268.63 | 3,474.88 | 0.07 |
| Nov 21, 25 | 426.91 | -3.02 | 423.89 | 0.01 |
| Dec 19, 25 | 10,751.29 | -647.4 | 10,103.89 | 0.06 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 1,918.38 | -923.67 | 994.71 | 0.48 |