Northern Oil and Gas Inc. (NOG)
NYSE: NOG
· Real-Time Price · USD
25.04
0.94 (3.90%)
At close: Oct 03, 2025, 3:59 PM
24.81
-0.92%
After-hours: Oct 03, 2025, 07:59 PM EDT
NOG Delta Exposure By Expiry
The total Delta Exposure (DEX) for NOG across all expirations shows -58,502.26 net shares that market makers must hedge, with 149,698.74 from calls and 208,201 from puts. The put-call delta ratio of 1.39 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
NOG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 31,969.57 | -39,472.86 | -7,503.29 | 1.23 |
| Nov 21, 25 | 39,608.55 | -38,612.67 | 995.88 | 0.97 |
| Dec 19, 25 | 9,917.91 | -21,519.28 | -11,601.37 | 2.17 |
| Jan 16, 26 | 41,791.65 | -96,890.5 | -55,098.85 | 2.32 |
| Mar 20, 26 | 2,569.15 | -2,603.65 | -34.5 | 1.01 |
| May 15, 26 | 23,061.66 | -8,944.09 | 14,117.57 | 0.39 |
| Dec 18, 26 | 780.25 | -157.95 | 622.3 | 0.20 |