Neogen Corporation (NEOG)
NEOG Daily Delta Exposure
NEOG's current Delta Exposure (DEX) is -16.46K shares, which is 29% larger than the 3M average of -12.73K shares. During this period, DEX ranged from -26.31K on Aug 7, 2025 to -3.01K on May 19, 2025, with dealers consistently net long, providing natural buying support. Delta exposure has been increasing recently, shifting the directional hedging pressure. The current put-call delta ratio of 3.51 signals heavy put positioning that could accelerate downside moves. Near extreme DEX levels suggest potential for mean reversion as positions unwind.
DEX History
Date | Call Delta | Put Delta | Net Delta | P/C Delta |
---|---|---|---|---|
Aug 15, 2025 | 6,570.51 | -23,030.27 | -16,459.76 | 3.51 |
Aug 14, 2025 | 6,911.75 | -21,431.35 | -14,519.6 | 3.10 |
Aug 13, 2025 | 6,904.85 | -21,648.73 | -14,743.88 | 3.14 |
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