CNH Industrial N.V. (CNH)
NYSE: CNH
· Real-Time Price · USD
12.18
0.03 (0.25%)
At close: Aug 15, 2025, 1:43 PM
CNH Delta Exposure By Expiry
The total Delta Exposure (DEX) for CNH across all expirations shows 208,497.54 net shares that market makers must hedge, with 234,511 from calls and 26,013.46 from puts. The put-call delta ratio of 0.11 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 186,692.13 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.
CNH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 12,760.51 | -17,316.28 | -4,555.77 | 1.36 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 190,955.13 | -4,263 | 186,692.13 | 0.02 |
| Mar 20, 26 | 10,762.25 | -370.11 | 10,392.14 | 0.03 |
| Jan 15, 27 | 20,033.11 | -4,064.07 | 15,969.04 | 0.20 |