PIMCO 15+ Year U.S. TIPS ... (LTPZ)
AMEX: LTPZ
· Real-Time Price · USD
51.53
0.08 (0.16%)
At close: Aug 21, 2025, 1:44 PM
LTPZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for LTPZ across all expirations shows 7,488.17 net shares that market makers must hedge, with 20,775.92 from calls and 13,287.75 from puts. The put-call delta ratio of 0.64 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 6,067.51 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.
LTPZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 10,923.28 | -4,855.77 | 6,067.51 | 0.44 |
| Oct 17, 25 | 62.77 | -134.17 | -71.4 | 2.14 |
| Dec 19, 25 | 7,711.65 | -8,124.28 | -412.63 | 1.05 |
| Mar 20, 26 | 2,078.22 | -173.53 | 1,904.69 | 0.08 |