What are the MN aggregate Greek exposures?

As of Oct 13, 2026, Corgi MANGOS ETF (MN) snapshot Greeks are net delta $23.1K, net gamma -$207, net vega -$6. These aggregate the dealer book across all listed strikes and expirations under the standard customer-versus-dealer sign convention.

What does the MN net dealer delta tell us?

Net dealer delta of $23.1K represents the directional exposure dealers carry from their option inventory. Dealers continuously hedge this exposure with stock, futures, or correlated instruments, so the size of net delta is also the size of hedge flow that will execute as spot moves.

How do MN Greeks inform hedging?

Delta tracks first-order directional exposure; gamma tracks how quickly delta changes; vega tracks IV sensitivity. Aggregated dealer Greeks let traders read the dealer-positioning regime: long-gamma regimes mean-revert moves; short-gamma regimes amplify them. Vega exposure indicates how dealer P&L responds to vol shocks and hence the direction of vol-shock hedging flows.

Corgi MANGOS ETF (MN) Options Greeks

Options Greeks measure sensitivity to various factors: Delta (price), Gamma (delta change), Theta (time decay), and Vega (volatility). They are essential for risk management and position sizing.

Corgi MANGOS ETF (MN) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $21.7M, listed on CBOE, carrying a beta of 0.00 to the broader market. The fund is an exchange-traded fund that seeks to meet its objective by having Corgi Strategies, LLC actively manage the fund and, under ordinary market conditions, invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of, and derivatives and other instruments that provide investment exposure to, the following six companies (collectively, the "MANGOS Companies"): Meta Platforms, Inc. public since 2026-10-02.

Snapshot as of Oct 13, 2026.

Spot Price: $25.66
Net Gamma: -$207
Net Delta: $23.1K
Net Vega: -$6
ATM IV: 101.7%
Gamma Concentration: 0.66

As of Oct 13, 2026, Corgi MANGOS ETF (MN) aggregate Greeks are net delta $23.1K, net gamma -$207, net vega -$6, ATM IV 101.7%. Gamma concentration is 0.66: dealer gamma is tightly clustered at a few strikes, which tends to pin price. Delta measures directional exposure, gamma measures the rate of delta change, and vega measures sensitivity to implied volatility. Net aggregate Greeks summarize the total dealer book across all strikes and expirations.

How MN options greeks Data Feeds Strategy Selection

Strategy selection on Corgi MANGOS ETF options does not derive from any single metric in isolation. The options greeks view above sits inside a broader read: ATM IV currently sits at 101.7% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options greeks data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the MN Greeks profile

Per-strike dealer-Greek exposures aggregate calls and puts for the front expiration. Current net dealer gamma is -$207 - a negative (momentum-amplifying) hedging regime. Net dealer delta of $23.1K indicates long-delta dealer book - dealers are net long the underlying as a hedge. Net vega of -$6 measures dealer P&L sensitivity to IV shifts - a 1-point IV move shifts book value by approximately $6.

MN Greeks regime and dealer hedging

Aggregate dealer Greeks compress 4 sensitivities (delta, gamma, theta, vega) into a single read on hedging behavior. In the current negative-gamma regime, dealer hedging is structurally momentum-amplifying: dealers buy rallies and sell dips, widening intraday ranges. This is the mechanical basis for vol-of-vol episodes where a small initial move snowballs. Gamma decays as expiration approaches; near-dated Greek exposures dominate the hedging flow.

Using MN Greeks data for strategy selection

The Greeks profile is the input to most quantitative options strategies. Premium-selling structures (covered calls, iron condors, cash-secured puts) are negative-gamma, positive-theta, negative-vega - they pay you for being patient about realized volatility but get hit when realized exceeds implied. Premium-buying structures (long calls, long puts, long straddles, ratio backspreads) are positive-gamma, negative-theta, positive-vega - they pay you when realized exceeds implied but bleed time decay otherwise. Combine the regime read with the Greeks decomposition on this page to size structures correctly.

Learn how options Greeks is reported and how to read the data →

Frequently asked MN options greeks questions

What are the MN aggregate Greek exposures?: As of Oct 13, 2026, Corgi MANGOS ETF (MN) snapshot Greeks are net delta $23.1K, net gamma -$207, net vega -$6. These aggregate the dealer book across all listed strikes and expirations under the standard customer-versus-dealer sign convention.
What does the MN net dealer delta tell us?: Net dealer delta of $23.1K represents the directional exposure dealers carry from their option inventory. Dealers continuously hedge this exposure with stock, futures, or correlated instruments, so the size of net delta is also the size of hedge flow that will execute as spot moves.
How do MN Greeks inform hedging?: Delta tracks first-order directional exposure; gamma tracks how quickly delta changes; vega tracks IV sensitivity. Aggregated dealer Greeks let traders read the dealer-positioning regime: long-gamma regimes mean-revert moves; short-gamma regimes amplify them. Vega exposure indicates how dealer P&L responds to vol shocks and hence the direction of vol-shock hedging flows.