Chubb Limited (CB)
NYSE: CB
· Real-Time Price · USD
275.69
0.65 (0.24%)
At close: Aug 14, 2025, 3:59 PM
275.78
0.03%
Pre-market: Aug 15, 2025, 07:19 AM EDT
CB Delta Exposure By Expiry
The total Delta Exposure (DEX) for CB across all expirations shows 336,772.27 net shares that market makers must hedge, with 1,139,072.31 from calls and 802,300.04 from puts. The put-call delta ratio of 0.70 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 154,133.43 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.
CB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 216,884.29 | -215,406.71 | 1,477.58 | 0.99 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 209,894.51 | -117,862.31 | 92,032.2 | 0.56 |
| Jan 16, 26 | 351,986.39 | -343,036.17 | 8,950.22 | 0.97 |
| Feb 20, 26 | 6,565.21 | -7,181.31 | -616.1 | 1.09 |
| Mar 20, 26 | 117,499.23 | -20,534.6 | 96,964.63 | 0.17 |
| Jun 18, 26 | 34,912.33 | -54,637.24 | -19,724.91 | 1.56 |
| Sep 18, 26 | 11,006.17 | -7,450.95 | 3,555.22 | 0.68 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 190,324.18 | -36,190.75 | 154,133.43 | 0.19 |