Calumet Inc. (CLMT)
NASDAQ: CLMT
· Real-Time Price · USD
13.74
-0.01 (-0.07%)
At close: Aug 15, 2025, 10:58 AM
CLMT Delta Exposure By Expiry
The total Delta Exposure (DEX) for CLMT across all expirations shows 44,832.78 net shares that market makers must hedge, with 154,850.77 from calls and 110,017.99 from puts. The put-call delta ratio of 0.71 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 34,056.12 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.
CLMT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,488.39 | -6,153.13 | -664.74 | 1.12 |
| Oct 17, 25 | 22,850.03 | -14,673.91 | 8,176.12 | 0.64 |
| Nov 21, 25 | 6,097.5 | -6,143.23 | -45.73 | 1.01 |
| Jan 16, 26 | 45,195.33 | -43,231.33 | 1,964 | 0.96 |
| Feb 20, 26 | 890.22 | -222.48 | 667.74 | 0.25 |
| Jan 15, 27 | 69,600.2 | -35,544.08 | 34,056.12 | 0.51 |
| Dec 17, 27 | 4,729.1 | -4,049.83 | 679.27 | 0.86 |