(IWF)
AMEX: IWF
· Real-Time Price · USD
438.79
-1.52 (-0.35%)
At close: Aug 21, 2025, 3:26 PM
IWF Delta Exposure By Expiry
The total Delta Exposure (DEX) for IWF across all expirations shows 993,174.27 net shares that market makers must hedge, with 1,288,017.08 from calls and 294,842.81 from puts. The put-call delta ratio of 0.23 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Nov 21, 25 with 549,868.61 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.
IWF DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 248,247 | -12,010.81 | 236,236.19 | 0.05 |
| Oct 17, 25 | 10,264.24 | -128.4 | 10,135.84 | 0.01 |
| Nov 21, 25 | 665,359.99 | -115,491.38 | 549,868.61 | 0.17 |
| Feb 20, 26 | 364,145.85 | -167,212.22 | 196,933.63 | 0.46 |