Ares Capital Corporation (ARCC)
NASDAQ: ARCC
· Real-Time Price · USD
22.46
-0.20 (-0.88%)
At close: Aug 15, 2025, 2:07 PM
ARCC Delta Exposure By Expiry
The total Delta Exposure (DEX) for ARCC across all expirations shows 266,693.9 net shares that market makers must hedge, with 574,710.54 from calls and 308,016.64 from puts. The put-call delta ratio of 0.54 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 145,265.87 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.
ARCC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 286,549.93 | -141,284.06 | 145,265.87 | 0.49 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 104,865.52 | -79,384.44 | 25,481.08 | 0.76 |
| Jan 16, 26 | 140,095.13 | -52,989.24 | 87,105.89 | 0.38 |
| Mar 20, 26 | 5,164.05 | -1,557.04 | 3,607.01 | 0.30 |
| Jan 15, 27 | 38,035.91 | -32,801.86 | 5,234.05 | 0.86 |