First Mid Bancshares Inc. (FMBH)
FMBH Daily Delta Exposure
FMBH's current Delta Exposure (DEX) is -46.03 shares, which is 33% larger than the 3M average of -34.695 shares. During this period, DEX ranged from -46.03 on Jul 31, 2025 to -23.36 on Jun 27, 2025, with dealers consistently net long, providing natural buying support. Delta exposure has been stable recently, maintaining steady hedging requirements. The current put-call delta ratio of 2.40 signals heavy put positioning that could accelerate downside moves. Near extreme DEX levels suggest potential for mean reversion as positions unwind.
DEX History
Date | Call Delta | Put Delta | Net Delta | P/C Delta |
---|---|---|---|---|
Jul 31, 2025 | 32.83 | -78.86 | -46.03 | 2.40 |
Jun 27, 2025 | 16.46 | -39.82 | -23.36 | 2.42 |
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