Erie Indemnity (ERIE)
NASDAQ: ERIE
· Real-Time Price · USD
366.67
-1.40 (-0.38%)
At close: Aug 15, 2025, 3:59 PM
371.03
1.19%
After-hours: Aug 15, 2025, 05:05 PM EDT
ERIE Delta Exposure By Expiry
The total Delta Exposure (DEX) for ERIE across all expirations shows 24,506.74 net shares that market makers must hedge, with 42,713.37 from calls and 18,206.63 from puts. The put-call delta ratio of 0.43 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 17,867.32 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.
ERIE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 17,900.05 | -6,918.63 | 10,981.42 | 0.39 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 4,627.3 | -10,989.28 | -6,361.98 | 2.37 |
| Jan 16, 26 | 17,867.32 | 0 | 17,867.32 | 0.00 |
| Mar 20, 26 | 2,318.7 | -298.72 | 2,019.98 | 0.13 |