Vipshop Limited (VIPS)
NYSE: VIPS
· Real-Time Price · USD
16.59
-0.23 (-1.37%)
At close: Aug 19, 2025, 3:59 PM
16.50
-0.51%
Pre-market: Aug 20, 2025, 08:14 AM EDT
VIPS Delta Exposure By Expiry
The total Delta Exposure (DEX) for VIPS across all expirations shows 24,702.6 net shares that market makers must hedge, with 72,517.41 from calls and 47,814.81 from puts. The put-call delta ratio of 0.66 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 25,426.45 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
VIPS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 15,442.01 | -35,177.29 | -19,735.28 | 2.28 |
| Oct 17, 25 | 505.34 | -10.52 | 494.82 | 0.02 |
| Nov 21, 25 | 10,089.77 | -2,634.28 | 7,455.49 | 0.26 |
| Jan 16, 26 | 33,482.04 | -8,055.59 | 25,426.45 | 0.24 |
| Feb 20, 26 | 3,484.45 | -621 | 2,863.45 | 0.18 |
| Jan 15, 27 | 9,513.8 | -1,316.13 | 8,197.67 | 0.14 |