National Grid (NGG)
NYSE: NGG
· Real-Time Price · USD
73.45
0.92 (1.27%)
At close: Oct 03, 2025, 3:59 PM
73.74
0.39%
After-hours: Oct 03, 2025, 05:53 PM EDT
NGG Delta Exposure By Expiry
The total Delta Exposure (DEX) for NGG across all expirations shows -80,369.53 net shares that market makers must hedge, with 116,094.29 from calls and 196,463.82 from puts. The put-call delta ratio of 1.69 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
NGG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 15,874.97 | -6,639.78 | 9,235.19 | 0.42 |
| Nov 21, 25 | 22,857.16 | -120,748.4 | -97,891.24 | 5.28 |
| Dec 19, 25 | 30,899.91 | -33,295.6 | -2,395.69 | 1.08 |
| Jan 16, 26 | 8,679 | 0 | 8,679 | 0.00 |
| Feb 20, 26 | 22,207.67 | -31,498.27 | -9,290.6 | 1.42 |
| Mar 20, 26 | 15,575.58 | -4,281.77 | 11,293.81 | 0.27 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |