Hertz Global Inc. (HTZ)
NASDAQ: HTZ
· Real-Time Price · USD
5.11
-0.13 (-2.48%)
At close: Aug 15, 2025, 3:59 PM
5.14
0.58%
After-hours: Aug 15, 2025, 07:58 PM EDT
HTZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for HTZ across all expirations shows 44,782.36 net shares that market makers must hedge, with 789,673.99 from calls and 744,891.63 from puts. The put-call delta ratio of 0.94 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -212,887.88 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
HTZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 1,853.73 | -3,636.8 | -1,783.07 | 1.96 |
| Aug 29, 25 | 4,091.6 | -4,975.95 | -884.35 | 1.22 |
| Sep 5, 25 | 5,324.77 | -46,364.07 | -41,039.3 | 8.71 |
| Sep 12, 25 | 3,893.38 | -23,737.25 | -19,843.87 | 6.10 |
| Sep 19, 25 | 61,707.48 | -274,595.36 | -212,887.88 | 4.45 |
| Sep 26, 25 | 588.19 | -508.81 | 79.38 | 0.87 |
| Oct 17, 25 | 42,541.87 | -40,449.77 | 2,092.1 | 0.95 |
| Dec 19, 25 | 255,856.64 | -96,994.9 | 158,861.74 | 0.38 |
| Jan 16, 26 | 330,125 | -150,845.24 | 179,279.76 | 0.46 |
| Mar 20, 26 | 983.9 | -3,134.08 | -2,150.18 | 3.19 |
| Jun 18, 26 | 9,234.86 | -9,703.24 | -468.38 | 1.05 |
| Dec 18, 26 | 43,502.41 | -66,374.11 | -22,871.7 | 1.53 |
| Jan 15, 27 | 29,970.16 | -23,572.05 | 6,398.11 | 0.79 |