Nasdaq Inc. (NDAQ)
NASDAQ: NDAQ
· Real-Time Price · USD
95.19
-0.21 (-0.22%)
At close: Aug 15, 2025, 1:34 PM
NDAQ Delta Exposure By Expiry
The total Delta Exposure (DEX) for NDAQ across all expirations shows 855,452.77 net shares that market makers must hedge, with 1,054,931 from calls and 199,478.23 from puts. The put-call delta ratio of 0.19 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 338,810.07 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.
NDAQ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 437,776.54 | -98,966.47 | 338,810.07 | 0.23 |
| Oct 17, 25 | 68,569.09 | -11,163.64 | 57,405.45 | 0.16 |
| Dec 19, 25 | 132,541.79 | -32,620.32 | 99,921.47 | 0.25 |
| Jan 16, 26 | 238,753.3 | -22,802.74 | 215,950.56 | 0.10 |
| Mar 20, 26 | 57,982.12 | -11,509.12 | 46,473 | 0.20 |
| Jun 18, 26 | 22,852.94 | -14,287.5 | 8,565.44 | 0.63 |
| Sep 18, 26 | 6,990.26 | -3,150.99 | 3,839.27 | 0.45 |
| Jan 15, 27 | 89,464.96 | -4,977.45 | 84,487.51 | 0.06 |