Vail Resorts Inc. (MTN)
NYSE: MTN
· Real-Time Price · USD
153.50
1.05 (0.69%)
At close: Aug 15, 2025, 3:59 PM
152.50
-0.65%
After-hours: Aug 15, 2025, 06:06 PM EDT
MTN Delta Exposure By Expiry
The total Delta Exposure (DEX) for MTN across all expirations shows 67,514.54 net shares that market makers must hedge, with 262,137.81 from calls and 194,623.27 from puts. The put-call delta ratio of 0.74 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 66,673.52 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.
MTN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 125,729.04 | -59,055.52 | 66,673.52 | 0.47 |
| Oct 17, 25 | 48,659.24 | -41,214.04 | 7,445.2 | 0.85 |
| Dec 19, 25 | 43,889.22 | -80,728.05 | -36,838.83 | 1.84 |
| Jan 16, 26 | 43,860.31 | -13,600.09 | 30,260.22 | 0.31 |
| Apr 17, 26 | 0 | -25.57 | -25.57 | n/a |
| Jun 18, 26 | 0 | 0 | 0 | n/a |