Mondelez International In... (MDLZ)
NASDAQ: MDLZ
· Real-Time Price · USD
63.17
0.51 (0.81%)
At close: Aug 20, 2025, 3:59 PM
63.20
0.05%
After-hours: Aug 20, 2025, 06:09 PM EDT
MDLZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for MDLZ across all expirations shows 79,384.55 net shares that market makers must hedge, with 957,121.57 from calls and 877,737.02 from puts. The put-call delta ratio of 0.92 suggests neutral market maker positioning. The largest delta concentration at Mar 20, 26 with 81,478.47 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
MDLZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 19,721.16 | -3,929.8 | 15,791.36 | 0.20 |
| Aug 29, 25 | 25,183.29 | -1,575.94 | 23,607.35 | 0.06 |
| Sep 5, 25 | 10,731.74 | -4,121.82 | 6,609.92 | 0.38 |
| Sep 12, 25 | 1,862.86 | -2,007.57 | -144.71 | 1.08 |
| Sep 19, 25 | 207,630.94 | -269,025.06 | -61,394.12 | 1.30 |
| Sep 26, 25 | 3,926.75 | -4,066.13 | -139.38 | 1.04 |
| Oct 17, 25 | 14,265.25 | -1,261.3 | 13,003.95 | 0.09 |
| Dec 19, 25 | 122,687.76 | -78,799.82 | 43,887.94 | 0.64 |
| Jan 16, 26 | 331,309.76 | -373,451.43 | -42,141.67 | 1.13 |
| Mar 20, 26 | 105,193.57 | -23,715.1 | 81,478.47 | 0.23 |
| Jun 18, 26 | 31,060.23 | -61,126.18 | -30,065.95 | 1.97 |
| Sep 18, 26 | 7,329.87 | -7,944.11 | -614.24 | 1.08 |
| Jan 15, 27 | 76,218.39 | -46,712.76 | 29,505.63 | 0.61 |