Marcus Corporation (MCS)
NYSE: MCS
· Real-Time Price · USD
14.99
-0.10 (-0.66%)
At close: Aug 15, 2025, 11:38 AM
MCS Delta Exposure By Expiry
The total Delta Exposure (DEX) for MCS across all expirations shows 891.75 net shares that market makers must hedge, with 2,115.91 from calls and 1,224.16 from puts. The put-call delta ratio of 0.58 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 1,283.66 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
MCS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 328.01 | -6.74 | 321.27 | 0.02 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 457.27 | -1,170.45 | -713.18 | 2.56 |
| Feb 20, 26 | 1,330.63 | -46.97 | 1,283.66 | 0.04 |