VanEck Real Assets ETF (RAAX)
AMEX: RAAX
· Real-Time Price · USD
32.48
0.55 (1.72%)
At close: Aug 22, 2025, 3:59 PM
32.42
-0.19%
After-hours: Aug 22, 2025, 05:29 PM EDT
RAAX Delta Exposure By Expiry
The total Delta Exposure (DEX) for RAAX across all expirations shows 56.99 net shares that market makers must hedge, with 70.32 from calls and 13.33 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 Oct 17, 25 with 70.32 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.
RAAX DEX Table
Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
---|---|---|---|---|
Sep 19, 25 | 0 | 0 | 0 | n/a |
Oct 17, 25 | 70.32 | 0 | 70.32 | 0.00 |
Jan 16, 26 | 0 | -13.33 | -13.33 | n/a |
Apr 17, 26 | 0 | 0 | 0 | n/a |