CBOE: TAIL · Real-Time Price · USD
11.80
-0.02 (-0.17%)
At close: Aug 15, 2025, 2:59 PM

TAIL Daily Delta Exposure

TAIL's current Delta Exposure (DEX) is -243.4000000000001 shares, which is 30% smaller than the 3M average of 347.5219999999999 shares. During this period, DEX ranged from -1.09K on Jul 23, 2025 to 846.63 on Jun 6, 2025, swinging between net long and short dealer positioning. Delta exposure has been decreasing recently, reducing dealer buying pressure that supported recent moves. The current put-call delta ratio of 1.38 signals heavy put positioning that could accelerate downside moves. Moderate DEX levels suggest normal market maker hedging activity.

DEX History

Date Call Delta Put Delta Net Delta P/C Delta
Aug 14, 2025 636.79 -880.19 -243.4 1.38
Aug 13, 2025 542.82 -867.08 -324.26 1.60
Jul 23, 2025 451.26 -1,545.31 -1,094.05 3.42

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