AAR Corp. (AIR)
NYSE: AIR
· Real-Time Price · USD
75.42
-1.73 (-2.24%)
At close: Aug 15, 2025, 3:59 PM
75.75
0.44%
Pre-market: Aug 18, 2025, 09:24 AM EDT
AIR Delta Exposure By Expiry
The total Delta Exposure (DEX) for AIR across all expirations shows 352,302.43 net shares that market makers must hedge, with 362,760.65 from calls and 10,458.22 from puts. The put-call delta ratio of 0.03 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 18, 26 with 313,322.46 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
AIR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 19,618.63 | -3,104.12 | 16,514.51 | 0.16 |
| Oct 17, 25 | 57.09 | 0 | 57.09 | 0.00 |
| Nov 21, 25 | 9,747.46 | -619.48 | 9,127.98 | 0.06 |
| Dec 19, 25 | 8,195.8 | -1,351.86 | 6,843.94 | 0.16 |
| Feb 20, 26 | 11,819.21 | -5,382.76 | 6,436.45 | 0.46 |
| Dec 18, 26 | 313,322.46 | 0 | 313,322.46 | 0.00 |