ATI Inc. (ATI)
NYSE: ATI
· Real-Time Price · USD
72.46
-1.56 (-2.11%)
At close: Aug 15, 2025, 3:59 PM
72.10
-0.50%
After-hours: Aug 15, 2025, 07:36 PM EDT
ATI Delta Exposure By Expiry
The total Delta Exposure (DEX) for ATI across all expirations shows -134,446.86 net shares that market makers must hedge, with 272,758.89 from calls and 407,205.75 from puts. The put-call delta ratio of 1.49 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Oct 17, 25 with -141,277.66 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
ATI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 19,634.83 | -47,081.17 | -27,446.34 | 2.40 |
| Oct 17, 25 | 187,305.34 | -328,583 | -141,277.66 | 1.75 |
| Jan 16, 26 | 26,694.71 | -20,914.8 | 5,779.91 | 0.78 |
| Feb 20, 26 | 19,730.61 | -7,535 | 12,195.61 | 0.38 |
| Apr 17, 26 | 0 | -9.91 | -9.91 | n/a |
| May 15, 26 | 7,932.79 | -1,121.22 | 6,811.57 | 0.14 |
| Aug 21, 26 | 1,673.63 | -812.85 | 860.78 | 0.49 |
| Nov 20, 26 | 9,786.98 | -1,147.8 | 8,639.18 | 0.12 |