Ellington Credit (EARN)
NYSE: EARN
· Real-Time Price · USD
5.64
-0.01 (-0.18%)
At close: Sep 12, 2025, 3:59 PM
5.70
1.03%
After-hours: Sep 12, 2025, 06:59 PM EDT
EARN Delta Exposure By Expiry
The total Delta Exposure (DEX) for EARN across all expirations shows -439.88 net shares that market makers must hedge, with 611.79 from calls and 1,051.67 from puts. The put-call delta ratio of 1.72 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
EARN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 342.47 | -597.27 | -254.8 | 1.74 |
| Oct 17, 25 | 1.67 | -90.56 | -88.89 | 54.23 |
| Dec 19, 25 | 266.99 | -354.38 | -87.39 | 1.33 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 0.66 | -9.46 | -8.8 | 14.33 |