(EWT)
AMEX: EWT
· Real-Time Price · USD
59.72
1.15 (1.96%)
At close: Aug 22, 2025, 11:21 AM
EWT Delta Exposure By Expiry
The total Delta Exposure (DEX) for EWT across all expirations shows 139,535.84 net shares that market makers must hedge, with 403,764.67 from calls and 264,228.83 from puts. The put-call delta ratio of 0.65 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 150,583.21 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.
EWT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 373,974.74 | -223,391.53 | 150,583.21 | 0.60 |
| Oct 17, 25 | 1,929.33 | -11,641.57 | -9,712.24 | 6.03 |
| Dec 19, 25 | 6,353.19 | -10,127.62 | -3,774.43 | 1.59 |
| Jan 16, 26 | 16,677.6 | -11,365.01 | 5,312.59 | 0.68 |
| Mar 20, 26 | 491.64 | -4,148.62 | -3,656.98 | 8.44 |
| Jan 15, 27 | 4,338.17 | -3,554.48 | 783.69 | 0.82 |