(UDN)
AMEX: UDN
· Real-Time Price · USD
18.68
-0.10 (-0.53%)
At close: Sep 02, 2025, 3:59 PM
18.69
0.03%
Pre-market: Sep 03, 2025, 08:14 AM EDT
UDN Delta Exposure By Expiry
The total Delta Exposure (DEX) for UDN across all expirations shows 284,269.14 net shares that market makers must hedge, with 293,848.2 from calls and 9,579.06 from puts. The put-call delta ratio of 0.03 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 126,287.65 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.
UDN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 130,775.11 | -5,307.39 | 125,467.72 | 0.04 |
| Oct 17, 25 | 306.32 | -114.82 | 191.5 | 0.37 |
| Dec 19, 25 | 14,055.68 | -380.24 | 13,675.44 | 0.03 |
| Jan 16, 26 | 128,293.8 | -2,006.15 | 126,287.65 | 0.02 |
| Feb 20, 26 | 3,680.17 | -55.65 | 3,624.52 | 0.02 |
| Mar 20, 26 | 1,677.63 | 0 | 1,677.63 | 0.00 |
| Apr 17, 26 | 1,091.82 | 0 | 1,091.82 | 0.00 |
| May 15, 26 | 13,967.67 | -1,714.81 | 12,252.86 | 0.12 |