Inspire Medical Systems I... (INSP)
NYSE: INSP
· Real-Time Price · USD
87.70
3.12 (3.69%)
At close: Aug 15, 2025, 3:59 PM
87.34
-0.41%
After-hours: Aug 15, 2025, 07:51 PM EDT
INSP Delta Exposure By Expiry
The total Delta Exposure (DEX) for INSP across all expirations shows 9,060.36 net shares that market makers must hedge, with 91,758.17 from calls and 82,697.81 from puts. The put-call delta ratio of 0.90 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 42,377.87 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.
INSP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 53,978.84 | -11,600.97 | 42,377.87 | 0.21 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 12,145.2 | -9,568.18 | 2,577.02 | 0.79 |
| Dec 19, 25 | 5,811.44 | -45,991.57 | -40,180.13 | 7.91 |
| Jan 16, 26 | 9,395.77 | -7,897.51 | 1,498.26 | 0.84 |
| Feb 20, 26 | 10,426.92 | -7,639.58 | 2,787.34 | 0.73 |