CMS Energy Corporation (CMS)
NYSE: CMS
· Real-Time Price · USD
70.94
0.03 (0.04%)
At close: Sep 10, 2025, 1:24 PM
CMS Delta Exposure By Expiry
The total Delta Exposure (DEX) for CMS across all expirations shows 115,440.18 net shares that market makers must hedge, with 147,345.15 from calls and 31,904.97 from puts. The put-call delta ratio of 0.22 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
CMS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 64,703.47 | -10,234.73 | 54,468.74 | 0.16 |
| Oct 17, 25 | 7,284.76 | -191.03 | 7,093.73 | 0.03 |
| Dec 19, 25 | 66,841.76 | -12,632.15 | 54,209.61 | 0.19 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 8,515.16 | -8,847.06 | -331.9 | 1.04 |