(VCSH)
NASDAQ: VCSH
· Real-Time Price · USD
79.58
0.00 (0.01%)
At close: Aug 15, 2025, 3:59 PM
79.56
-0.03%
After-hours: Aug 15, 2025, 05:53 PM EDT
VCSH Delta Exposure By Expiry
The total Delta Exposure (DEX) for VCSH across all expirations shows 255.88 net shares that market makers must hedge, with 1,254.64 from calls and 998.76 from puts. The put-call delta ratio of 0.80 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with -642.14 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
VCSH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 93.86 | 0 | 93.86 | 0.00 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 109.31 | -751.45 | -642.14 | 6.87 |
| Jan 16, 26 | 615.36 | 0 | 615.36 | 0.00 |
| Feb 20, 26 | 436.11 | -247.31 | 188.8 | 0.57 |