Norwegian Cruise Line Lt... (NCLH)
NYSE: NCLH
· Real-Time Price · USD
26.66
-0.28 (-1.04%)
At close: Sep 12, 2025, 3:59 PM
26.72
0.24%
After-hours: Sep 12, 2025, 07:45 PM EDT
NCLH Delta Exposure By Expiry
The total Delta Exposure (DEX) for NCLH across all expirations shows 2,907,895.84 net shares that market makers must hedge, with 3,613,370.28 from calls and 705,474.44 from puts. The put-call delta ratio of 0.20 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
NCLH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,658,499.17 | -88,353.49 | 1,570,145.68 | 0.05 |
| Sep 26, 25 | 23,966.86 | -3,761.51 | 20,205.35 | 0.16 |
| Oct 3, 25 | 9,336.19 | -18,642.86 | -9,306.67 | 2.00 |
| Oct 10, 25 | 4,921.7 | -812.79 | 4,108.91 | 0.17 |
| Oct 17, 25 | 46,706.25 | -39,626.72 | 7,079.53 | 0.85 |
| Oct 24, 25 | 4,322.31 | -355.32 | 3,966.99 | 0.08 |
| Dec 19, 25 | 384,798.39 | -99,813.81 | 284,984.58 | 0.26 |
| Jan 16, 26 | 533,035.8 | -173,221.01 | 359,814.79 | 0.32 |
| Mar 20, 26 | 149,691.72 | -53,699.89 | 95,991.83 | 0.36 |
| Jun 18, 26 | 218,039.98 | -132,048.1 | 85,991.88 | 0.61 |
| Sep 18, 26 | 24,791.34 | -8,542.95 | 16,248.39 | 0.34 |
| Dec 18, 26 | 319,402.33 | -21,629.86 | 297,772.47 | 0.07 |
| Jan 15, 27 | 235,858.24 | -64,966.13 | 170,892.11 | 0.28 |