Nova Ltd. (NVMI)
NASDAQ: NVMI
· Real-Time Price · USD
254.14
-16.69 (-6.16%)
At close: Aug 15, 2025, 3:59 PM
257.07
1.15%
After-hours: Aug 15, 2025, 07:52 PM EDT
NVMI Delta Exposure By Expiry
The total Delta Exposure (DEX) for NVMI across all expirations shows 195,481.92 net shares that market makers must hedge, with 614,695.83 from calls and 419,213.91 from puts. The put-call delta ratio of 0.68 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 195,759.45 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.
NVMI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,099.19 | -3,833 | 1,266.19 | 0.75 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 603,805.4 | -408,045.95 | 195,759.45 | 0.68 |
| Jan 16, 26 | 831.52 | 0 | 831.52 | 0.00 |
| Feb 20, 26 | 4,959.72 | -7,334.96 | -2,375.24 | 1.48 |