(BBJP)
CBOE: BBJP
· Real-Time Price · USD
66.13
1.08 (1.66%)
At close: Aug 15, 2025, 3:00 PM
BBJP Delta Exposure By Expiry
The total Delta Exposure (DEX) for BBJP across all expirations shows 379.68 net shares that market makers must hedge, with 439.88 from calls and 60.2 from puts. The put-call delta ratio of 0.14 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 337.19 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.
BBJP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 49.71 | 0 | 49.71 | 0.00 |
| Oct 17, 25 | 52.98 | -60.2 | -7.22 | 1.14 |
| Jan 16, 26 | 337.19 | 0 | 337.19 | 0.00 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |