NASDAQ: UTEN · Real-Time Price · USD
43.54
-0.11 (-0.24%)
At close: Aug 15, 2025, 3:59 PM
43.54
0.00%
After-hours: Aug 15, 2025, 04:10 PM EDT

UTEN Delta Exposure By Expiry

The total Delta Exposure (DEX) for UTEN across all expirations shows -171.4 net shares that market makers must hedge, with 7.86 from calls and 179.26 from puts. The put-call delta ratio of 22.81 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Mar 20, 26 with -91.83 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.

UTEN DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Sep 19, 25 0 -87.43 -87.43 n/a
Oct 17, 25 0 0 0 n/a
Dec 19, 25 7.86 0 7.86 0.00
Jan 16, 26 0 0 0 n/a
Mar 20, 26 0 -91.83 -91.83 n/a