Cboe Volatility Index (^VIX)
INDEX: ^VIX
· Real-Time Price · USD
15.32
-1.42 (-8.48%)
At close: Sep 26, 2025, 3:59 PM
^VIX Delta Exposure By Expiry
The total Delta Exposure (DEX) for ^VIX across all expirations shows -12,098,895.58 net shares that market makers must hedge, with 26,387,802.66 from calls and 38,486,698.24 from puts. The put-call delta ratio of 1.46 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
^VIX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 22, 25 | 9,946,572.69 | -18,095,558.27 | -8,148,985.58 | 1.82 |
| Nov 19, 25 | 7,072,701.03 | -8,156,984.71 | -1,084,283.68 | 1.15 |
| Dec 17, 25 | 4,669,224.18 | -7,712,912.55 | -3,043,688.37 | 1.65 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Jan 21, 26 | 2,373,395.49 | -2,718,691.01 | -345,295.52 | 1.15 |
| Feb 18, 26 | 1,854,652.91 | -554,880.01 | 1,299,772.9 | 0.30 |
| Mar 18, 26 | 302,197.45 | -1,093,141.82 | -790,944.37 | 3.62 |
| Apr 15, 26 | 127,243.64 | -137,312.31 | -10,068.67 | 1.08 |
| May 19, 26 | 40,818.67 | -17,197.67 | 23,621 | 0.42 |
| May 20, 26 | 0 | 0 | 0 | n/a |
| Jun 17, 26 | 996.6 | -19.89 | 976.71 | 0.02 |