Sprott Junior Uranium Min... (URNJ)
NASDAQ: URNJ
· Real-Time Price · USD
23.14
0.38 (1.67%)
At close: Aug 28, 2025, 3:59 PM
23.65
2.20%
After-hours: Aug 28, 2025, 06:05 PM EDT
URNJ Delta Exposure By Expiry
The total Delta Exposure (DEX) for URNJ across all expirations shows 121,043.01 net shares that market makers must hedge, with 135,446.79 from calls and 14,403.78 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 Sep 19, 25 with 92,115.37 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.
URNJ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 95,193.28 | -3,077.91 | 92,115.37 | 0.03 |
| Oct 17, 25 | 4,738.8 | -532.11 | 4,206.69 | 0.11 |
| Dec 19, 25 | 30,805.06 | -8,933.01 | 21,872.05 | 0.29 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 4,709.65 | -1,860.75 | 2,848.9 | 0.40 |
| Sep 23, 64 | 0 | 0 | 0 | n/a |