Greenlight Capital Re Ltd... (GLRE)
NASDAQ: GLRE
· Real-Time Price · USD
12.67
-0.12 (-0.94%)
At close: Aug 15, 2025, 3:59 PM
12.66
-0.08%
After-hours: Aug 15, 2025, 04:10 PM EDT
GLRE Delta Exposure By Expiry
The total Delta Exposure (DEX) for GLRE across all expirations shows 350.05 net shares that market makers must hedge, with 807.18 from calls and 457.13 from puts. The put-call delta ratio of 0.57 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 285.13 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
GLRE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | -10.26 | -10.26 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 522.05 | -446.87 | 75.18 | 0.86 |
| Feb 20, 26 | 285.13 | 0 | 285.13 | 0.00 |