Precision Drilling Corpor... (PDS)
NYSE: PDS
· Real-Time Price · USD
53.99
-1.05 (-1.91%)
At close: Aug 15, 2025, 3:59 PM
54.03
0.06%
After-hours: Aug 15, 2025, 04:10 PM EDT
PDS Delta Exposure By Expiry
The total Delta Exposure (DEX) for PDS across all expirations shows 7,648.91 net shares that market makers must hedge, with 15,707.72 from calls and 8,058.81 from puts. The put-call delta ratio of 0.51 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 7,557.38 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.
PDS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 6,764.47 | -3,046.17 | 3,718.3 | 0.45 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 622.99 | -4,367.25 | -3,744.26 | 7.01 |
| Dec 19, 25 | 8,084.67 | -527.29 | 7,557.38 | 0.07 |
| Mar 20, 26 | 235.59 | -118.1 | 117.49 | 0.50 |