First Internet Bancorp (INBK)
NASDAQ: INBK
· Real-Time Price · USD
22.89
-0.50 (-2.14%)
At close: Aug 15, 2025, 3:59 PM
22.88
-0.04%
After-hours: Aug 15, 2025, 04:10 PM EDT
INBK Delta Exposure By Expiry
The total Delta Exposure (DEX) for INBK across all expirations shows 193.54 net shares that market makers must hedge, with 587.44 from calls and 393.9 from puts. The put-call delta ratio of 0.67 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 270.81 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.
INBK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | -255.33 | -255.33 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 254.25 | -76.19 | 178.06 | 0.30 |
| Feb 20, 26 | 333.19 | -62.38 | 270.81 | 0.19 |