Adobe Inc. (ADBE)
NASDAQ: ADBE
· Real-Time Price · USD
348.97
4.66 (1.35%)
At close: Sep 05, 2025, 3:59 PM
348.59
-0.11%
After-hours: Sep 05, 2025, 07:58 PM EDT
ADBE Delta Exposure By Expiry
The total Delta Exposure (DEX) for ADBE across all expirations shows -6,870,947.68 net shares that market makers must hedge, with 16,648,245.59 from calls and 23,519,193.27 from puts. The put-call delta ratio of 1.41 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ADBE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 1,070,884 | -907,265.8 | 163,618.2 | 0.85 |
| Sep 19, 25 | 3,586,256.7 | -5,967,199.27 | -2,380,942.57 | 1.66 |
| Sep 26, 25 | 181,316.21 | -402,608.46 | -221,292.25 | 2.22 |
| Oct 3, 25 | 58,019.05 | -78,435.1 | -20,416.05 | 1.35 |
| Oct 10, 25 | 24,493.64 | -18,691.42 | 5,802.22 | 0.76 |
| Oct 17, 25 | 1,511,799.31 | -2,871,417.91 | -1,359,618.6 | 1.90 |
| Oct 24, 25 | 3,330.36 | -1,128.74 | 2,201.62 | 0.34 |
| Nov 21, 25 | 715,877.06 | -893,204.84 | -177,327.78 | 1.25 |
| Dec 19, 25 | 728,011.34 | -848,869.35 | -120,858.01 | 1.17 |
| Jan 16, 26 | 2,614,876.07 | -5,373,483.99 | -2,758,607.92 | 2.05 |
| Feb 20, 26 | 313,386.2 | -337,346.72 | -23,960.52 | 1.08 |
| Mar 20, 26 | 1,085,945.7 | -1,387,474.14 | -301,528.44 | 1.28 |
| Apr 17, 26 | 17,661.25 | -36,307.52 | -18,646.27 | 2.06 |
| May 15, 26 | 123,291 | -136,997.11 | -13,706.11 | 1.11 |
| Jun 18, 26 | 1,978,572.18 | -1,598,334.49 | 380,237.69 | 0.81 |
| Aug 21, 26 | 17,379.99 | -31,622.4 | -14,242.41 | 1.82 |
| Sep 18, 26 | 215,643.1 | -246,566.5 | -30,923.4 | 1.14 |
| Nov 20, 26 | 35,353.08 | -31,848.42 | 3,504.66 | 0.90 |
| Dec 18, 26 | 601,067.67 | -855,964.9 | -254,897.23 | 1.42 |
| Jan 15, 27 | 968,117.68 | -1,136,778.21 | -168,660.53 | 1.17 |