ProShares - Ultra QQQ (QLD)
AMEX: QLD
· Real-Time Price · USD
121.88
-2.20 (-1.77%)
At close: Aug 20, 2025, 1:58 PM
QLD Delta Exposure By Expiry
The total Delta Exposure (DEX) for QLD across all expirations shows 1,120,021.58 net shares that market makers must hedge, with 1,370,438.85 from calls and 250,417.27 from puts. The put-call delta ratio of 0.18 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 15, 27 with 604,413.21 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.
QLD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 175,234.58 | -176,373.35 | -1,138.77 | 1.01 |
| Oct 17, 25 | 214,011.36 | -17,029.72 | 196,981.64 | 0.08 |
| Jan 16, 26 | 365,908.6 | -46,116.07 | 319,792.53 | 0.13 |
| Apr 17, 26 | 131.25 | -158.28 | -27.03 | 1.21 |
| Jan 15, 27 | 615,153.06 | -10,739.85 | 604,413.21 | 0.02 |