Diamondback Energy Inc. (FANG)
NASDAQ: FANG
· Real-Time Price · USD
138.36
1.08 (0.79%)
At close: Sep 09, 2025, 12:58 PM
FANG Delta Exposure By Expiry
The total Delta Exposure (DEX) for FANG across all expirations shows -704,555.1 net shares that market makers must hedge, with 1,127,204.61 from calls and 1,831,759.71 from puts. The put-call delta ratio of 1.63 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
FANG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 274,295.95 | -308,127.25 | -33,831.3 | 1.12 |
| Oct 17, 25 | 61,962.81 | -64,141.29 | -2,178.48 | 1.04 |
| Dec 19, 25 | 144,196.83 | -105,849.82 | 38,347.01 | 0.73 |
| Jan 16, 26 | 299,624.81 | -932,810.36 | -633,185.55 | 3.11 |
| Mar 20, 26 | 154,608.7 | -97,991.62 | 56,617.08 | 0.63 |
| Jun 18, 26 | 110,320.27 | -223,055.84 | -112,735.57 | 2.02 |
| Sep 18, 26 | 7,453.42 | -13,985.4 | -6,531.98 | 1.88 |
| Jan 15, 27 | 74,741.82 | -85,798.13 | -11,056.31 | 1.15 |