CBOE: BBEU · Real-Time Price · USD
68.72
0.18 (0.26%)
At close: Aug 19, 2025, 3:00 PM

BBEU Delta Exposure By Expiry

The total Delta Exposure (DEX) for BBEU across all expirations shows 760.08 net shares that market makers must hedge, with 931.28 from calls and 171.2 from puts. The put-call delta ratio of 0.18 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 393.8 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.

BBEU DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Sep 19, 25 449.41 -144.3 305.11 0.32
Oct 17, 25 0 0 0 n/a
Dec 19, 25 420.7 -26.9 393.8 0.06
Jan 16, 26 61.17 0 61.17 0.00
Mar 20, 26 0 0 0 n/a
Dec 18, 26 0 0 0 n/a