Buckle Inc. (BKE)
NYSE: BKE
· Real-Time Price · USD
55.46
-0.61 (-1.09%)
At close: Aug 15, 2025, 3:59 PM
55.54
0.14%
After-hours: Aug 15, 2025, 06:14 PM EDT
BKE Delta Exposure By Expiry
The total Delta Exposure (DEX) for BKE across all expirations shows 50,901.95 net shares that market makers must hedge, with 68,207.56 from calls and 17,305.61 from puts. The put-call delta ratio of 0.25 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 28,119.52 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.
BKE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 20,704.55 | -2,495.07 | 18,209.48 | 0.12 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 42,704.57 | -14,585.05 | 28,119.52 | 0.34 |
| Jan 16, 26 | 1,176.32 | 0 | 1,176.32 | 0.00 |
| Mar 20, 26 | 3,622.12 | -225.49 | 3,396.63 | 0.06 |