Hormel Foods Corporation (HRL)
NYSE: HRL
· Real-Time Price · USD
24.97
-0.55 (-2.16%)
At close: Sep 10, 2025, 3:59 PM
25.03
0.24%
After-hours: Sep 10, 2025, 06:25 PM EDT
HRL Delta Exposure By Expiry
The total Delta Exposure (DEX) for HRL across all expirations shows -94,122.03 net shares that market makers must hedge, with 200,972.25 from calls and 295,094.28 from puts. The put-call delta ratio of 1.47 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
HRL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 3,720.2 | -10,198.61 | -6,478.41 | 2.74 |
| Sep 19, 25 | 54,097.89 | -107,479.97 | -53,382.08 | 1.99 |
| Sep 26, 25 | 4,038.35 | -4,849.33 | -810.98 | 1.20 |
| Oct 3, 25 | 1,575.85 | -1,853.68 | -277.83 | 1.18 |
| Oct 10, 25 | 1,818.94 | -11,334.12 | -9,515.18 | 6.23 |
| Oct 17, 25 | 9,497.93 | -28,892.08 | -19,394.15 | 3.04 |
| Oct 24, 25 | 199.56 | -199.44 | 0.12 | 1.00 |
| Dec 19, 25 | 21,976.8 | -41,377.29 | -19,400.49 | 1.88 |
| Jan 16, 26 | 23,218.48 | -56,979.19 | -33,760.71 | 2.45 |
| Mar 20, 26 | 7,167.05 | -5,276.71 | 1,890.34 | 0.74 |
| Jan 15, 27 | 73,661.2 | -26,653.86 | 47,007.34 | 0.36 |