(DES)
AMEX: DES
· Real-Time Price · USD
32.95
-0.31 (-0.93%)
At close: Aug 15, 2025, 3:59 PM
31.79
-3.52%
After-hours: Aug 15, 2025, 05:29 PM EDT
DES Delta Exposure By Expiry
The total Delta Exposure (DEX) for DES across all expirations shows 514.53 net shares that market makers must hedge, with 570.48 from calls and 55.95 from puts. The put-call delta ratio of 0.10 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 392.89 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.
DES DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 22.05 | 0 | 22.05 | 0.00 |
| Oct 17, 25 | 407.15 | -14.26 | 392.89 | 0.04 |
| Jan 16, 26 | 141.28 | -41.69 | 99.59 | 0.30 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |