Automatic Data Processing... (ADP)
NASDAQ: ADP
· Real-Time Price · USD
293.50
-4.53 (-1.52%)
At close: Sep 12, 2025, 3:59 PM
293.95
0.15%
After-hours: Sep 12, 2025, 07:41 PM EDT
ADP Delta Exposure By Expiry
The total Delta Exposure (DEX) for ADP across all expirations shows -246,421.55 net shares that market makers must hedge, with 1,350,444.57 from calls and 1,596,866.12 from puts. The put-call delta ratio of 1.18 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ADP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 121,346.84 | -422,978.63 | -301,631.79 | 3.49 |
| Sep 26, 25 | 8,876.54 | -10,292.57 | -1,416.03 | 1.16 |
| Oct 3, 25 | 5,362.43 | -3,417.73 | 1,944.7 | 0.64 |
| Oct 10, 25 | 2,148.71 | -8,128.73 | -5,980.02 | 3.78 |
| Oct 17, 25 | 80,311.32 | -321,722.53 | -241,411.21 | 4.01 |
| Oct 24, 25 | 46,536.59 | -4,599.54 | 41,937.05 | 0.10 |
| Oct 31, 25 | 0 | -146.46 | -146.46 | n/a |
| Nov 21, 25 | 72,728.37 | -156,272.96 | -83,544.59 | 2.15 |
| Dec 19, 25 | 40,545.64 | -55,904.28 | -15,358.64 | 1.38 |
| Jan 16, 26 | 491,251.61 | -253,455.61 | 237,796 | 0.52 |
| Feb 20, 26 | 28,653.83 | -23,455.14 | 5,198.69 | 0.82 |
| Mar 20, 26 | 46,429.32 | -61,248.7 | -14,819.38 | 1.32 |
| Jun 18, 26 | 137,110.78 | -172,090.17 | -34,979.39 | 1.26 |
| Sep 18, 26 | 56,395.71 | -33,715.99 | 22,679.72 | 0.60 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 212,746.88 | -69,437.08 | 143,309.8 | 0.33 |