iShares MSCI USA Min Vol ... (USMV)
CBOE: USMV
· Real-Time Price · USD
95.13
-0.02 (-0.02%)
At close: Oct 06, 2025, 9:51 AM
USMV Delta Exposure By Expiry
The total Delta Exposure (DEX) for USMV across all expirations shows -4,716.46 net shares that market makers must hedge, with 31,623.08 from calls and 36,339.54 from puts. The put-call delta ratio of 1.15 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
USMV DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 5,443.28 | -1,163.66 | 4,279.62 | 0.21 |
| Nov 21, 25 | 129.15 | -899.68 | -770.53 | 6.97 |
| Dec 19, 25 | 14,117.73 | -19,235.52 | -5,117.79 | 1.36 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 11,932.92 | -15,040.68 | -3,107.76 | 1.26 |