Iridium Communications In... (IRDM)
NASDAQ: IRDM
· Real-Time Price · USD
19.42
-1.97 (-9.21%)
At close: Sep 09, 2025, 1:25 PM
IRDM Delta Exposure By Expiry
The total Delta Exposure (DEX) for IRDM across all expirations shows -44,234.98 net shares that market makers must hedge, with 76,783.39 from calls and 121,018.37 from puts. The put-call delta ratio of 1.58 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
IRDM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 6,059.57 | -26,692.08 | -20,632.51 | 4.40 |
| Oct 17, 25 | 10,156.67 | -6,114.66 | 4,042.01 | 0.60 |
| Dec 19, 25 | 14,561.25 | -68,880.86 | -54,319.61 | 4.73 |
| Jan 16, 26 | 7,577.49 | -7,567.31 | 10.18 | 1.00 |
| Apr 17, 26 | 38,428.41 | -11,763.46 | 26,664.95 | 0.31 |