Bain Capital Specialty Fi... (BCSF)
NYSE: BCSF
· Real-Time Price · USD
15.06
-0.20 (-1.31%)
At close: Aug 15, 2025, 3:59 PM
15.08
0.13%
After-hours: Aug 15, 2025, 07:36 PM EDT
BCSF Delta Exposure By Expiry
The total Delta Exposure (DEX) for BCSF across all expirations shows 769.73 net shares that market makers must hedge, with 7,417.53 from calls and 6,647.8 from puts. The put-call delta ratio of 0.90 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 3,375.17 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.
BCSF DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 783.52 | -908 | -124.48 | 1.16 |
| Oct 17, 25 | 2,685.16 | -5,166.12 | -2,480.96 | 1.92 |
| Jan 16, 26 | 3,948.85 | -573.68 | 3,375.17 | 0.15 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |