Global X - Artificial Int... (AIQ)

The total Delta Exposure (DEX) for AIQ across all expirations shows 34,156.49 net shares that market makers must hedge, with 55,142.01 from calls and 20,985.52 from puts. The put-call delta ratio of 0.38 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 23,686.94 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.