(WIP)
WIP Daily Delta Exposure
WIP's current Delta Exposure (DEX) is -44.89000000000001 shares, which is 8% smaller than the 3M average of -49.040000000000006 shares. During this period, DEX ranged from -53.19 on May 29, 2025 to -44.89000000000001 on Jul 21, 2025, with dealers consistently net long, providing natural buying support. Delta exposure has been stable recently, maintaining steady hedging requirements. The current put-call delta ratio of 2.11 signals heavy put positioning that could accelerate downside moves. Near extreme DEX levels suggest potential for mean reversion as positions unwind.
DEX History
Date | Call Delta | Put Delta | Net Delta | P/C Delta |
---|---|---|---|---|
Jul 21, 2025 | 40.48 | -85.37 | -44.89 | 2.11 |
May 29, 2025 | 0 | -53.19 | -53.19 | n/a |
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