Mid-America Apartment Com... (MAA)
NYSE: MAA
· Real-Time Price · USD
140.83
0.80 (0.57%)
At close: Aug 15, 2025, 3:59 PM
141.95
0.80%
After-hours: Aug 15, 2025, 06:01 PM EDT
MAA Delta Exposure By Expiry
The total Delta Exposure (DEX) for MAA across all expirations shows 45,042.34 net shares that market makers must hedge, with 177,902.95 from calls and 132,860.61 from puts. The put-call delta ratio of 0.75 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 80,542.18 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.
MAA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 30,165.39 | -87,103.31 | -56,937.92 | 2.89 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 107,462.96 | -26,920.78 | 80,542.18 | 0.25 |
| Jan 16, 26 | 37,808 | 0 | 37,808 | 0.00 |
| Mar 20, 26 | 2,466.6 | -18,836.52 | -16,369.92 | 7.64 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |