Community Health Systems ... (CYH)
NYSE: CYH
· Real-Time Price · USD
2.73
0.00 (0.00%)
At close: Aug 15, 2025, 3:59 PM
2.74
0.18%
After-hours: Aug 15, 2025, 06:40 PM EDT
CYH Delta Exposure By Expiry
The total Delta Exposure (DEX) for CYH across all expirations shows -3,683.85 net shares that market makers must hedge, with 16,968.22 from calls and 20,652.07 from puts. The put-call delta ratio of 1.22 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Jan 15, 27 with 6,374.71 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.
CYH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 4,266.38 | -9,239.02 | -4,972.64 | 2.17 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 2,985.88 | -8,874.32 | -5,888.44 | 2.97 |
| Jan 16, 26 | 3,060.39 | -2,385.55 | 674.84 | 0.78 |
| Mar 20, 26 | 141.17 | -13.49 | 127.68 | 0.10 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 6,514.4 | -139.69 | 6,374.71 | 0.02 |