American Water Works Inc... (AWK)
NYSE: AWK
· Real-Time Price · USD
143.82
0.41 (0.29%)
At close: Aug 15, 2025, 3:59 PM
143.92
0.07%
After-hours: Aug 15, 2025, 04:04 PM EDT
AWK Delta Exposure By Expiry
The total Delta Exposure (DEX) for AWK across all expirations shows 134,349.92 net shares that market makers must hedge, with 325,873.2 from calls and 191,523.28 from puts. The put-call delta ratio of 0.59 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 102,908.27 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.
AWK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 245,220.11 | -142,311.84 | 102,908.27 | 0.58 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 73,360.49 | -42,120.28 | 31,240.21 | 0.57 |
| Mar 20, 26 | 7,292.6 | -7,091.16 | 201.44 | 0.97 |