NASDAQ: PIE · Real-Time Price · USD
22.58
-0.20 (-0.88%)
At close: Aug 20, 2025, 3:59 PM
22.80
0.97%
After-hours: Aug 20, 2025, 04:04 PM EDT

PIE Delta Exposure By Expiry

The total Delta Exposure (DEX) for PIE across all expirations shows 18.53 net shares that market makers must hedge, with 59.48 from calls and 40.95 from puts. The put-call delta ratio of 0.69 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 18.53 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.

PIE DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Sep 19, 25 59.48 -40.95 18.53 0.69
Oct 17, 25 0 0 0 n/a
Jan 16, 26 0 0 0 n/a
Apr 17, 26 0 0 0 n/a