ProShares - Short VIX Sho... (SVXY)
CBOE: SVXY
· Real-Time Price · USD
48.82
-0.11 (-0.22%)
At close: Aug 25, 2025, 3:00 PM
SVXY Delta Exposure By Expiry
The total Delta Exposure (DEX) for SVXY across all expirations shows 126,024.54 net shares that market makers must hedge, with 355,177.13 from calls and 229,152.59 from puts. The put-call delta ratio of 0.65 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 56,479.28 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.
SVXY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 11,127.82 | -5,244.08 | 5,883.74 | 0.47 |
| Sep 19, 25 | 157,706.2 | -112,655.91 | 45,050.29 | 0.71 |
| Oct 17, 25 | 1,312.23 | -7,961.34 | -6,649.11 | 6.07 |
| Dec 19, 25 | 33,532.01 | -51,248.19 | -17,716.18 | 1.53 |
| Jan 16, 26 | 95,754.36 | -39,275.08 | 56,479.28 | 0.41 |
| Mar 20, 26 | 4,398.33 | -213.45 | 4,184.88 | 0.05 |
| Jan 15, 27 | 51,346.18 | -12,554.54 | 38,791.64 | 0.24 |