Gold Fields Limited (GFI)
NYSE: GFI
· Real-Time Price · USD
30.14
0.39 (1.31%)
At close: Aug 15, 2025, 2:14 PM
GFI Delta Exposure By Expiry
The total Delta Exposure (DEX) for GFI across all expirations shows 1,500,478.61 net shares that market makers must hedge, with 1,626,704 from calls and 126,225.39 from puts. The put-call delta ratio of 0.08 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 1,149,870.15 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.
GFI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 204,627.14 | -55,759.95 | 148,867.19 | 0.27 |
| Oct 17, 25 | 144,057.01 | -33,854.3 | 110,202.71 | 0.24 |
| Jan 16, 26 | 1,172,973.65 | -23,103.5 | 1,149,870.15 | 0.02 |
| Mar 20, 26 | 69,812.75 | -11,886.94 | 57,925.81 | 0.17 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 35,233.45 | -1,620.7 | 33,612.75 | 0.05 |