Northeast Community Banco... (NECB)
NASDAQ: NECB
· Real-Time Price · USD
21.51
-0.19 (-0.88%)
At close: Aug 15, 2025, 3:59 PM
22.50
4.60%
After-hours: Aug 15, 2025, 07:26 PM EDT
NECB Delta Exposure By Expiry
The total Delta Exposure (DEX) for NECB across all expirations shows 21.8 net shares that market makers must hedge, with 927.85 from calls and 906.05 from puts. The put-call delta ratio of 0.98 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 443.62 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.
NECB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 837.01 | -393.39 | 443.62 | 0.47 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 17.68 | -398.62 | -380.94 | 22.55 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 73.16 | -114.04 | -40.88 | 1.56 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |