Hesai Group (HSAI)
NASDAQ: HSAI
· Real-Time Price · USD
25.63
2.31 (9.91%)
At close: Aug 15, 2025, 3:59 PM
25.65
0.10%
After-hours: Aug 15, 2025, 07:58 PM EDT
HSAI Delta Exposure By Expiry
The total Delta Exposure (DEX) for HSAI across all expirations shows 208,206.97 net shares that market makers must hedge, with 268,466.65 from calls and 60,259.68 from puts. The put-call delta ratio of 0.22 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 93,493.23 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.
HSAI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 33,344.03 | -9,958.17 | 23,385.86 | 0.30 |
| Oct 17, 25 | 131,122.83 | -39,794.95 | 91,327.88 | 0.30 |
| Jan 16, 26 | 103,999.79 | -10,506.56 | 93,493.23 | 0.10 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |