(ZROZ)
AMEX: ZROZ
· Real-Time Price · USD
64.19
-0.43 (-0.67%)
At close: Aug 21, 2025, 1:39 PM
ZROZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for ZROZ across all expirations shows 29,892.86 net shares that market makers must hedge, with 82,060.59 from calls and 52,167.73 from puts. The put-call delta ratio of 0.64 suggests neutral market maker positioning. The largest delta concentration at Mar 20, 26 with 16,899.39 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.
ZROZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 26,116.18 | -26,106.75 | 9.43 | 1.00 |
| Oct 17, 25 | 2,293.31 | -2,051.38 | 241.93 | 0.89 |
| Dec 19, 25 | 31,083.43 | -18,341.32 | 12,742.11 | 0.59 |
| Mar 20, 26 | 22,567.67 | -5,668.28 | 16,899.39 | 0.25 |