Ingevity Corporation (NGVT)
NYSE: NGVT
· Real-Time Price · USD
54.86
-0.23 (-0.42%)
At close: Aug 15, 2025, 11:13 AM
NGVT Delta Exposure By Expiry
The total Delta Exposure (DEX) for NGVT across all expirations shows -1,270.74 net shares that market makers must hedge, with 783.25 from calls and 2,053.99 from puts. The put-call delta ratio of 2.62 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Jan 16, 26 with -740.53 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
NGVT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 38.93 | 0 | 38.93 | 0.00 |
| Oct 17, 25 | 724.25 | -1,293.39 | -569.14 | 1.79 |
| Jan 16, 26 | 20.07 | -760.6 | -740.53 | 37.90 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |