Invesco Mortgage Capital ... (IVR)
NYSE: IVR
· Real-Time Price · USD
7.74
-0.08 (-1.02%)
At close: Sep 02, 2025, 2:20 PM
IVR Delta Exposure By Expiry
The total Delta Exposure (DEX) for IVR across all expirations shows -1,645.22 net shares that market makers must hedge, with 20,444.39 from calls and 22,089.61 from puts. The put-call delta ratio of 1.08 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Sep 19, 25 with 3,337.44 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.
IVR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 4,347.34 | -1,009.9 | 3,337.44 | 0.23 |
| Oct 17, 25 | 3,031.98 | -5,463.85 | -2,431.87 | 1.80 |
| Jan 16, 26 | 12,777.78 | -15,560.65 | -2,782.87 | 1.22 |
| Apr 17, 26 | 287.29 | -55.21 | 232.08 | 0.19 |