Dorchester Minerals L.P. (DMLP)
NASDAQ: DMLP
· Real-Time Price · USD
25.00
0.26 (1.05%)
At close: Aug 14, 2025, 3:59 PM
25.00
0.00%
Pre-market: Aug 15, 2025, 08:29 AM EDT
DMLP Delta Exposure By Expiry
The total Delta Exposure (DEX) for DMLP across all expirations shows -374.38 net shares that market makers must hedge, with 7,743.07 from calls and 8,117.45 from puts. The put-call delta ratio of 1.05 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Nov 21, 25 with 1,520.7 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.
DMLP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 114.06 | -702.75 | -588.69 | 6.16 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 7,258.91 | -5,738.21 | 1,520.7 | 0.79 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 370.1 | -1,676.49 | -1,306.39 | 4.53 |