McGrath RentCorp (MGRC)
NASDAQ: MGRC
· Real-Time Price · USD
119.71
0.16 (0.13%)
At close: Aug 15, 2025, 2:48 PM
MGRC Delta Exposure By Expiry
The total Delta Exposure (DEX) for MGRC across all expirations shows -156.7 net shares that market makers must hedge, with 405.7 from calls and 562.4 from puts. The put-call delta ratio of 1.39 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Mar 20, 26 with -364.1 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
MGRC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 287.85 | -149.09 | 138.76 | 0.52 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 117.85 | -49.21 | 68.64 | 0.42 |
| Mar 20, 26 | 0 | -364.1 | -364.1 | n/a |