Deutsche Bank AG (DB)
NYSE: DB
· Real-Time Price · USD
36.56
-0.22 (-0.60%)
At close: Aug 15, 2025, 3:59 PM
36.84
0.77%
After-hours: Aug 15, 2025, 07:37 PM EDT
DB Delta Exposure By Expiry
The total Delta Exposure (DEX) for DB across all expirations shows 825,212.16 net shares that market makers must hedge, with 963,931.63 from calls and 138,719.47 from puts. The put-call delta ratio of 0.14 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 378,024.78 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.
DB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 23,151.04 | -7,842.18 | 15,308.86 | 0.34 |
| Oct 17, 25 | 216,221.2 | -21,782.37 | 194,438.83 | 0.10 |
| Nov 21, 25 | 50,511.19 | -5,254.26 | 45,256.93 | 0.10 |
| Dec 19, 25 | 107,295.58 | -13,580.67 | 93,714.91 | 0.13 |
| Jan 16, 26 | 435,734.69 | -57,709.91 | 378,024.78 | 0.13 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 131,017.93 | -32,550.08 | 98,467.85 | 0.25 |