PPL Corporation (PPL)
NYSE: PPL
· Real-Time Price · USD
37.08
-0.16 (-0.42%)
At close: Aug 14, 2025, 3:59 PM
37.04
-0.11%
Pre-market: Aug 15, 2025, 06:00 AM EDT
PPL Delta Exposure By Expiry
The total Delta Exposure (DEX) for PPL across all expirations shows 159,377.68 net shares that market makers must hedge, with 315,388.33 from calls and 156,010.65 from puts. The put-call delta ratio of 0.49 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 121,389.06 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
PPL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 31,246.43 | -122,025.74 | -90,779.31 | 3.91 |
| Oct 17, 25 | 103,021.88 | -7,576.95 | 95,444.93 | 0.07 |
| Jan 16, 26 | 141,848.12 | -20,459.06 | 121,389.06 | 0.14 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 11,475.42 | -5,146.04 | 6,329.38 | 0.45 |
| Jan 15, 27 | 27,796.48 | -802.86 | 26,993.62 | 0.03 |