Cal-Maine Foods Inc. (CALM)
NASDAQ: CALM
· Real-Time Price · USD
110.65
2.66 (2.46%)
At close: Aug 15, 2025, 3:59 PM
110.65
0.00%
After-hours: Aug 15, 2025, 07:51 PM EDT
CALM Delta Exposure By Expiry
The total Delta Exposure (DEX) for CALM across all expirations shows 8,737.33 net shares that market makers must hedge, with 156,202.36 from calls and 147,465.03 from puts. The put-call delta ratio of 0.94 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -70,899.15 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.
CALM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 45,666.04 | -116,565.19 | -70,899.15 | 2.55 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 77,924.28 | -23,714.54 | 54,209.74 | 0.30 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 32,612.04 | -7,185.3 | 25,426.74 | 0.22 |