Lennox International Inc. (LII)
NYSE: LII
· Real-Time Price · USD
591.99
-7.17 (-1.20%)
At close: Aug 15, 2025, 3:59 PM
592.20
0.04%
After-hours: Aug 15, 2025, 06:54 PM EDT
LII Delta Exposure By Expiry
The total Delta Exposure (DEX) for LII across all expirations shows -339,537.21 net shares that market makers must hedge, with 105,773.49 from calls and 445,310.7 from puts. The put-call delta ratio of 4.21 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Dec 19, 25 with -340,641.8 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
LII DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 37,460.59 | -67,216.49 | -29,755.9 | 1.79 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 36,955.76 | -6,725.02 | 30,230.74 | 0.18 |
| Dec 19, 25 | 29,457.1 | -370,098.9 | -340,641.8 | 12.56 |
| Mar 20, 26 | 1,900.04 | -1,270.29 | 629.75 | 0.67 |