Applied Materials Inc. (AMAT)
NASDAQ: AMAT
· Real-Time Price · USD
188.22
-1.81 (-0.95%)
At close: Aug 14, 2025, 3:59 PM
164.30
-12.71%
Pre-market: Aug 15, 2025, 08:46 AM EDT
AMAT Delta Exposure By Expiry
The total Delta Exposure (DEX) for AMAT across all expirations shows 1,655,757.68 net shares that market makers must hedge, with 11,458,205.06 from calls and 9,802,447.38 from puts. The put-call delta ratio of 0.86 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 1,340,466.16 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
AMAT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 261,973.04 | -439,654.75 | -177,681.71 | 1.68 |
| Aug 29, 25 | 117,599.05 | -172,077.29 | -54,478.24 | 1.46 |
| Sep 5, 25 | 29,024.44 | -48,485 | -19,460.56 | 1.67 |
| Sep 12, 25 | 26,266.63 | -35,255.54 | -8,988.91 | 1.34 |
| Sep 19, 25 | 1,802,336.08 | -2,116,648.9 | -314,312.82 | 1.17 |
| Sep 26, 25 | 4,182.61 | -12,258.91 | -8,076.3 | 2.93 |
| Oct 17, 25 | 863,515.55 | -818,026.08 | 45,489.47 | 0.95 |
| Nov 21, 25 | 247,013.24 | -551,460.56 | -304,447.32 | 2.23 |
| Dec 19, 25 | 1,256,622.58 | -984,843.12 | 271,779.46 | 0.78 |
| Jan 16, 26 | 2,421,988.9 | -2,114,642.93 | 307,345.97 | 0.87 |
| Mar 20, 26 | 665,181.27 | -734,081.27 | -68,900 | 1.10 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| May 15, 26 | 25,982.12 | -28,059.36 | -2,077.24 | 1.08 |
| Jun 18, 26 | 859,538.18 | -526,269.72 | 333,268.46 | 0.61 |
| Sep 18, 26 | 178,729.81 | -221,010.86 | -42,281.05 | 1.24 |
| Dec 18, 26 | 500,992.1 | -483,382.86 | 17,609.24 | 0.96 |
| Jan 15, 27 | 1,766,579.09 | -426,112.93 | 1,340,466.16 | 0.24 |
| Jun 17, 27 | 260,492.01 | -39,210.17 | 221,281.84 | 0.15 |
| Dec 17, 27 | 170,188.36 | -50,967.13 | 119,221.23 | 0.30 |