(PHO)
NASDAQ: PHO
· Real-Time Price · USD
71.94
1.02 (1.44%)
At close: Sep 11, 2025, 12:13 PM
PHO Delta Exposure By Expiry
The total Delta Exposure (DEX) for PHO across all expirations shows 9,766.03 net shares that market makers must hedge, with 12,990.09 from calls and 3,224.06 from puts. The put-call delta ratio of 0.25 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
PHO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,726.51 | -2,190.94 | 3,535.57 | 0.38 |
| Oct 17, 25 | 68.12 | 0 | 68.12 | 0.00 |
| Dec 19, 25 | 3,116.87 | -663.37 | 2,453.5 | 0.21 |
| Jan 16, 26 | 3,551.6 | 0 | 3,551.6 | 0.00 |
| Mar 20, 26 | 526.99 | -369.75 | 157.24 | 0.70 |