Direxion Daily CSI China ... (CWEB)
AMEX: CWEB
· Real-Time Price · USD
46.17
-2.68 (-5.49%)
At close: Aug 27, 2025, 3:59 PM
45.54
-1.36%
Pre-market: Aug 28, 2025, 05:24 AM EDT
CWEB Delta Exposure By Expiry
The total Delta Exposure (DEX) for CWEB across all expirations shows 729,836.94 net shares that market makers must hedge, with 793,920.62 from calls and 64,083.68 from puts. The put-call delta ratio of 0.08 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 673,410.61 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.
CWEB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 30,620.55 | -12,438.11 | 18,182.44 | 0.41 |
| Oct 17, 25 | 71,011.43 | -33,593.59 | 37,417.84 | 0.47 |
| Jan 16, 26 | 689,392.42 | -15,981.81 | 673,410.61 | 0.02 |
| Apr 17, 26 | 2,896.22 | -2,070.17 | 826.05 | 0.71 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |