iPath Series B S&P 500 VI... (VXX)
CBOE: VXX
· Real-Time Price · USD
38.07
-0.97 (-2.48%)
At close: Aug 18, 2025, 3:00 PM
VXX Delta Exposure By Expiry
The total Delta Exposure (DEX) for VXX across all expirations shows 191,286.47 net shares that market makers must hedge, with 1,839,677.49 from calls and 1,648,391.02 from puts. The put-call delta ratio of 0.90 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 384,604.79 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
VXX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 127,450.78 | -228,529.15 | -101,078.37 | 1.79 |
| Aug 29, 25 | 66,296.6 | -148,509.16 | -82,212.56 | 2.24 |
| Sep 5, 25 | 32,366.27 | -60,081.57 | -27,715.3 | 1.86 |
| Sep 12, 25 | 36,222.56 | -62,304.87 | -26,082.31 | 1.72 |
| Sep 19, 25 | 469,634.17 | -523,772.26 | -54,138.09 | 1.12 |
| Sep 26, 25 | 20,736.11 | -14,027.94 | 6,708.17 | 0.68 |
| Oct 17, 25 | 193,843.74 | -95,643 | 98,200.74 | 0.49 |
| Nov 21, 25 | 6,795.58 | -1,852.33 | 4,943.25 | 0.27 |
| Dec 19, 25 | 483,285.52 | -98,680.73 | 384,604.79 | 0.20 |
| Jan 16, 26 | 245,410.43 | -343,756.5 | -98,346.07 | 1.40 |
| Mar 20, 26 | 66,734.49 | -17,301.46 | 49,433.03 | 0.26 |
| Jan 15, 27 | 90,901.24 | -53,932.05 | 36,969.19 | 0.59 |