ProShares - Ultra VIX Sho... (UVXY)
CBOE: UVXY
· Real-Time Price · USD
12.03
0.34 (2.91%)
At close: Aug 29, 2025, 11:23 AM
UVXY Delta Exposure By Expiry
The total Delta Exposure (DEX) for UVXY across all expirations shows -22,117.79 net shares that market makers must hedge, with 756,323.35 from calls and 778,441.14 from puts. The put-call delta ratio of 1.03 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Sep 19, 25 with -148,982.92 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 5, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
UVXY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 5, 25 | 87,936.84 | -110,681.91 | -22,745.07 | 1.26 |
| Sep 12, 25 | 32,984.37 | -24,730.95 | 8,253.42 | 0.75 |
| Sep 19, 25 | 165,783.62 | -314,766.54 | -148,982.92 | 1.90 |
| Sep 26, 25 | 48,710.14 | -26,094.3 | 22,615.84 | 0.54 |
| Oct 3, 25 | 29,699.57 | -3,469.35 | 26,230.22 | 0.12 |
| Oct 10, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 119,026.91 | -40,948.17 | 78,078.74 | 0.34 |
| Nov 21, 25 | 19,840.3 | -4,016.6 | 15,823.7 | 0.20 |
| Dec 19, 25 | 96,175.08 | -60,850.67 | 35,324.41 | 0.63 |
| Jan 16, 26 | 103,747.77 | -152,229.48 | -48,481.71 | 1.47 |
| Mar 20, 26 | 11,530.59 | -5,271.83 | 6,258.76 | 0.46 |
| Jan 15, 27 | 40,888.16 | -35,381.34 | 5,506.82 | 0.87 |