Hexcel Corporation (HXL)
NYSE: HXL
· Real-Time Price · USD
62.01
-0.45 (-0.72%)
At close: Aug 15, 2025, 12:00 PM
HXL Delta Exposure By Expiry
The total Delta Exposure (DEX) for HXL across all expirations shows 19,567.12 net shares that market makers must hedge, with 30,313.62 from calls and 10,746.5 from puts. The put-call delta ratio of 0.35 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 17,145.22 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.
HXL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 11,654.64 | -9,588.72 | 2,065.92 | 0.82 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 18,026.48 | -881.26 | 17,145.22 | 0.05 |
| Mar 20, 26 | 632.5 | -276.52 | 355.98 | 0.44 |