ProShares - Ultra Dow30 (DDM)
AMEX: DDM
· Real-Time Price · USD
100.73
-0.42 (-0.42%)
At close: Aug 20, 2025, 10:26 AM
DDM Delta Exposure By Expiry
The total Delta Exposure (DEX) for DDM across all expirations shows 18,246.58 net shares that market makers must hedge, with 22,907.84 from calls and 4,661.26 from puts. The put-call delta ratio of 0.20 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 13,265.71 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.
DDM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 2,235.59 | -999.59 | 1,236 | 0.45 |
| Oct 17, 25 | 15,705.75 | -2,440.04 | 13,265.71 | 0.16 |
| Jan 16, 26 | 4,901.93 | -1,148.53 | 3,753.4 | 0.23 |
| Apr 17, 26 | 64.57 | -73.1 | -8.53 | 1.13 |