Marathon Petroleum Corpor... (MPC)
NYSE: MPC
· Real-Time Price · USD
162.41
0.09 (0.06%)
At close: Aug 15, 2025, 3:59 PM
162.34
-0.05%
After-hours: Aug 15, 2025, 04:15 PM EDT
MPC Delta Exposure By Expiry
The total Delta Exposure (DEX) for MPC across all expirations shows 1,359,955.59 net shares that market makers must hedge, with 2,727,893.84 from calls and 1,367,938.25 from puts. The put-call delta ratio of 0.50 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 497,274.32 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
MPC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 15,902.59 | -20,778.97 | -4,876.38 | 1.31 |
| Aug 29, 25 | 21,666.75 | -16,039.52 | 5,627.23 | 0.74 |
| Sep 19, 25 | 562,621.23 | -328,930.15 | 233,691.08 | 0.58 |
| Oct 17, 25 | 228,849.97 | -112,251.72 | 116,598.25 | 0.49 |
| Dec 19, 25 | 648,996.07 | -151,721.75 | 497,274.32 | 0.23 |
| Jan 16, 26 | 718,052.85 | -285,205.43 | 432,847.42 | 0.40 |
| Mar 20, 26 | 161,100.35 | -76,003.14 | 85,097.21 | 0.47 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 167,972.22 | -117,733.42 | 50,238.8 | 0.70 |
| Sep 18, 26 | 19,387.02 | -27,430.43 | -8,043.41 | 1.41 |
| Dec 18, 26 | 51,295.97 | -85,636.2 | -34,340.23 | 1.67 |
| Jan 15, 27 | 132,048.82 | -146,207.52 | -14,158.7 | 1.11 |