News Corporation (NWSA)
NASDAQ: NWSA
· Real-Time Price · USD
29.62
-0.18 (-0.60%)
At close: Aug 15, 2025, 2:07 PM
NWSA Delta Exposure By Expiry
The total Delta Exposure (DEX) for NWSA across all expirations shows 9,084.67 net shares that market makers must hedge, with 19,266.58 from calls and 10,181.91 from puts. The put-call delta ratio of 0.53 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 6,229.08 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.
NWSA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,259.02 | -168.62 | 1,090.4 | 0.13 |
| Oct 17, 25 | 15,779.48 | -9,550.4 | 6,229.08 | 0.61 |
| Jan 16, 26 | 2,228.08 | -462.89 | 1,765.19 | 0.21 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |