Vanguard Small-Cap ETF (VB)
AMEX: VB
· Real-Time Price · USD
250.55
-1.86 (-0.74%)
At close: Aug 25, 2025, 3:59 PM
251.00
0.18%
Pre-market: Aug 26, 2025, 05:01 AM EDT
VB Delta Exposure By Expiry
The total Delta Exposure (DEX) for VB across all expirations shows 56,359.67 net shares that market makers must hedge, with 126,661.16 from calls and 70,301.49 from puts. The put-call delta ratio of 0.56 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 34,915.64 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.
VB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 83,107.04 | -68,959.37 | 14,147.67 | 0.83 |
| Oct 17, 25 | 1,077.51 | -123.75 | 953.76 | 0.11 |
| Dec 19, 25 | 35,988.49 | -1,072.85 | 34,915.64 | 0.03 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 6,488.12 | -145.52 | 6,342.6 | 0.02 |