Mercantile Bank Corporati... (MBWM)
NASDAQ: MBWM
· Real-Time Price · USD
47.81
-0.53 (-1.10%)
At close: Sep 12, 2025, 10:17 AM
MBWM Delta Exposure By Expiry
The total Delta Exposure (DEX) for MBWM across all expirations shows 332.66 net shares that market makers must hedge, with 473.22 from calls and 140.56 from puts. The put-call delta ratio of 0.30 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
MBWM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 218.65 | -12.21 | 206.44 | 0.06 |
| Oct 17, 25 | 20.7 | -34.37 | -13.67 | 1.66 |
| Dec 19, 25 | 102.13 | -43.82 | 58.31 | 0.43 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 131.74 | -50.16 | 81.58 | 0.38 |