Mercury Systems Inc. (MRCY)
NASDAQ: MRCY
· Real-Time Price · USD
66.68
-0.15 (-0.22%)
At close: Aug 15, 2025, 1:52 PM
MRCY Delta Exposure By Expiry
The total Delta Exposure (DEX) for MRCY across all expirations shows 27,050.9 net shares that market makers must hedge, with 66,593.01 from calls and 39,542.11 from puts. The put-call delta ratio of 0.59 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -13,119.59 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
MRCY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 18,927.39 | -32,046.98 | -13,119.59 | 1.69 |
| Oct 17, 25 | 16,161.12 | -3,468.48 | 12,692.64 | 0.21 |
| Nov 21, 25 | 6,898.98 | -840.35 | 6,058.63 | 0.12 |
| Dec 19, 25 | 9,030.82 | -1,045.65 | 7,985.17 | 0.12 |
| Jan 16, 26 | 11,360.15 | -1,444.75 | 9,915.4 | 0.13 |
| Feb 20, 26 | 693.64 | -51.45 | 642.19 | 0.07 |
| Mar 20, 26 | 2,015.88 | -190.68 | 1,825.2 | 0.09 |
| Apr 17, 26 | 305.28 | -178.02 | 127.26 | 0.58 |
| May 15, 26 | 1,199.75 | -275.75 | 924 | 0.23 |