Banner Corporation (BANR)
NASDAQ: BANR
· Real-Time Price · USD
63.71
-1.81 (-2.76%)
At close: Aug 15, 2025, 3:59 PM
63.72
0.02%
After-hours: Aug 15, 2025, 04:10 PM EDT
BANR Delta Exposure By Expiry
The total Delta Exposure (DEX) for BANR across all expirations shows 47.32 net shares that market makers must hedge, with 476.47 from calls and 429.15 from puts. The put-call delta ratio of 0.90 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 57.53 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
BANR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 403.49 | -413.7 | -10.21 | 1.03 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 72.98 | -15.45 | 57.53 | 0.21 |