Farmers & Merchants Banco... (FMAO)
NASDAQ: FMAO
· Real-Time Price · USD
25.30
0.74 (3.01%)
At close: Oct 03, 2025, 3:59 PM
25.30
0.00%
After-hours: Oct 03, 2025, 04:10 PM EDT
FMAO Delta Exposure By Expiry
The total Delta Exposure (DEX) for FMAO across all expirations shows -347.17 net shares that market makers must hedge, with 1,181.69 from calls and 1,528.86 from puts. The put-call delta ratio of 1.29 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
FMAO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 43.63 | -40.73 | 2.9 | 0.93 |
| Nov 21, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 1,138.06 | -1,488.13 | -350.07 | 1.31 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 0 | 0 | 0 | n/a |