RenaissanceRe Ltd. (RNR)
NYSE: RNR
· Real-Time Price · USD
238.98
-3.30 (-1.36%)
At close: Aug 15, 2025, 3:59 PM
236.70
-0.95%
After-hours: Aug 15, 2025, 06:14 PM EDT
RNR Delta Exposure By Expiry
The total Delta Exposure (DEX) for RNR across all expirations shows 27,248.83 net shares that market makers must hedge, with 43,031.76 from calls and 15,782.93 from puts. The put-call delta ratio of 0.37 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 27,100.29 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.
RNR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,542.14 | -1,578.57 | -36.43 | 1.02 |
| Oct 17, 25 | 39,858.96 | -12,758.67 | 27,100.29 | 0.32 |
| Jan 16, 26 | 1,630.66 | -1,445.69 | 184.97 | 0.89 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |