Velocity Financial Inc. (VEL)
NYSE: VEL
· Real-Time Price · USD
18.83
-0.15 (-0.79%)
At close: Aug 18, 2025, 3:59 PM
18.83
0.00%
After-hours: Aug 18, 2025, 04:04 PM EDT
VEL Delta Exposure By Expiry
The total Delta Exposure (DEX) for VEL across all expirations shows 8,960.31 net shares that market makers must hedge, with 50,139.73 from calls and 41,179.42 from puts. The put-call delta ratio of 0.82 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 9,270.33 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.
VEL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 14.21 | -6.23 | 7.98 | 0.44 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 37,629.03 | -37,944.59 | -315.56 | 1.01 |
| Feb 20, 26 | 12,487.36 | -3,217.03 | 9,270.33 | 0.26 |
| May 15, 26 | 9.13 | -11.57 | -2.44 | 1.27 |