Ellington Credit (EARN)
NYSE: EARN
· Real-Time Price · USD
5.45
0.09 (1.60%)
At close: Oct 03, 2025, 3:59 PM
5.44
-0.18%
After-hours: Oct 03, 2025, 06:22 PM EDT
EARN Delta Exposure By Expiry
The total Delta Exposure (DEX) for EARN across all expirations shows -115.33 net shares that market makers must hedge, with 415.78 from calls and 531.11 from puts. The put-call delta ratio of 1.28 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 |
|---|---|---|---|---|
| Oct 17, 25 | 6.47 | -8.42 | -1.95 | 1.30 |
| Nov 21, 25 | 5.45 | 0 | 5.45 | 0.00 |
| Dec 19, 25 | 402.68 | -464.9 | -62.22 | 1.15 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 1.18 | -57.79 | -56.61 | 48.97 |