Lithia Motors Inc. (LAD)
NYSE: LAD
· Real-Time Price · USD
301.09
-7.01 (-2.28%)
At close: Aug 15, 2025, 3:59 PM
300.88
-0.07%
After-hours: Aug 15, 2025, 05:05 PM EDT
LAD Delta Exposure By Expiry
The total Delta Exposure (DEX) for LAD across all expirations shows 19,388.46 net shares that market makers must hedge, with 95,558.48 from calls and 76,170.02 from puts. The put-call delta ratio of 0.80 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 15,292.79 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.
LAD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 18,210.96 | -24,063.57 | -5,852.61 | 1.32 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 59,799.21 | -44,506.42 | 15,292.79 | 0.74 |
| Jan 16, 26 | 518.76 | 0 | 518.76 | 0.00 |
| Mar 20, 26 | 17,029.55 | -7,600.03 | 9,429.52 | 0.45 |