(CMBS)
AMEX: CMBS
· Real-Time Price · USD
48.81
0.09 (0.18%)
At close: Aug 15, 2025, 3:59 PM
48.76
-0.10%
After-hours: Aug 15, 2025, 05:29 PM EDT
CMBS Delta Exposure By Expiry
The total Delta Exposure (DEX) for CMBS across all expirations shows 965.31 net shares that market makers must hedge, with 1,208.22 from calls and 242.91 from puts. The put-call delta ratio of 0.20 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 18, 26 with 1,208.22 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Oct 17, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CMBS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 0 | -242.91 | -242.91 | n/a |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Dec 18, 26 | 1,208.22 | 0 | 1,208.22 | 0.00 |
| Jan 1, 31 | 0 | 0 | 0 | n/a |