First Trust NASDAQ Clean ... (GRID)
NASDAQ: GRID
· Real-Time Price · USD
142.91
-2.35 (-1.62%)
At close: Aug 29, 2025, 3:59 PM
142.58
-0.23%
After-hours: Aug 29, 2025, 07:12 PM EDT
GRID Delta Exposure By Expiry
The total Delta Exposure (DEX) for GRID across all expirations shows 14,833.15 net shares that market makers must hedge, with 17,083.63 from calls and 2,250.48 from puts. The put-call delta ratio of 0.13 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 6,674.8 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.
GRID DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,072.53 | -645.18 | 4,427.35 | 0.13 |
| Oct 17, 25 | 597.91 | -123.8 | 474.11 | 0.21 |
| Dec 19, 25 | 3,461.52 | -1,369.69 | 2,091.83 | 0.40 |
| Jan 16, 26 | 6,674.8 | 0 | 6,674.8 | 0.00 |
| Mar 20, 26 | 1,276.87 | -111.81 | 1,165.06 | 0.09 |