(TIP)
AMEX: TIP
· Real-Time Price · USD
110.03
-0.22 (-0.20%)
At close: Aug 15, 2025, 3:59 PM
108.73
-1.18%
After-hours: Aug 15, 2025, 05:52 PM EDT
TIP Delta Exposure By Expiry
The total Delta Exposure (DEX) for TIP across all expirations shows 72,308.97 net shares that market makers must hedge, with 108,887.14 from calls and 36,578.17 from puts. The put-call delta ratio of 0.34 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 27,603.35 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.
TIP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 44,235.47 | -16,632.12 | 27,603.35 | 0.38 |
| Oct 17, 25 | 2,831.1 | -4,522.5 | -1,691.4 | 1.60 |
| Nov 21, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 3,209.97 | -126.7 | 3,083.27 | 0.04 |
| Jan 16, 26 | 38,970.53 | -11,886.98 | 27,083.55 | 0.31 |
| Mar 20, 26 | 697.86 | 0 | 697.86 | 0.00 |
| Jan 15, 27 | 18,942.21 | -3,409.87 | 15,532.34 | 0.18 |