Magnolia Oil & Gas Corpor... (MGY)
NYSE: MGY
· Real-Time Price · USD
23.81
-0.11 (-0.46%)
At close: Aug 14, 2025, 3:59 PM
23.80
-0.04%
After-hours: Aug 14, 2025, 05:54 PM EDT
MGY Delta Exposure By Expiry
The total Delta Exposure (DEX) for MGY across all expirations shows 130,217.68 net shares that market makers must hedge, with 134,245.94 from calls and 4,028.26 from puts. The put-call delta ratio of 0.03 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 116,003.53 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.
MGY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 11,719.85 | -1,221.09 | 10,498.76 | 0.10 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 118,810.7 | -2,807.17 | 116,003.53 | 0.02 |
| Jan 16, 26 | 3,525.2 | 0 | 3,525.2 | 0.00 |
| Mar 20, 26 | 190.19 | 0 | 190.19 | 0.00 |