Veeva Systems Inc. (VEEV)
NYSE: VEEV
· Real-Time Price · USD
268.76
-3.57 (-1.31%)
At close: Aug 29, 2025, 11:20 AM
VEEV Delta Exposure By Expiry
The total Delta Exposure (DEX) for VEEV across all expirations shows 924,593.53 net shares that market makers must hedge, with 1,869,727.01 from calls and 945,133.48 from puts. The put-call delta ratio of 0.51 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 302,259.28 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.
VEEV DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 766,568.81 | -599,723.3 | 166,845.51 | 0.78 |
| Oct 17, 25 | 26,851.22 | -40,978.72 | -14,127.5 | 1.53 |
| Dec 19, 25 | 287,814.38 | -136,413.67 | 151,400.71 | 0.47 |
| Jan 16, 26 | 427,219.33 | -124,960.05 | 302,259.28 | 0.29 |
| Mar 20, 26 | 27,065.69 | -11,115.93 | 15,949.76 | 0.41 |
| Jun 18, 26 | 27,795.55 | -16,868.66 | 10,926.89 | 0.61 |
| Sep 18, 26 | 1,006.94 | -138.67 | 868.27 | 0.14 |
| Jan 15, 27 | 305,405.09 | -14,934.48 | 290,470.61 | 0.05 |