Reliance Steel & Aluminum... (RS)
NYSE: RS
· Real-Time Price · USD
286.17
-4.10 (-1.41%)
At close: Aug 15, 2025, 3:59 PM
286.00
-0.06%
After-hours: Aug 15, 2025, 05:29 PM EDT
RS Delta Exposure By Expiry
The total Delta Exposure (DEX) for RS across all expirations shows 39,624.91 net shares that market makers must hedge, with 120,587.9 from calls and 80,962.99 from puts. The put-call delta ratio of 0.67 suggests neutral market maker positioning. The largest delta concentration at Dec 18, 26 with 41,690.36 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.
RS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 16,421.83 | -25,173.62 | -8,751.79 | 1.53 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 47,661.67 | -40,738.92 | 6,922.75 | 0.85 |
| Dec 19, 25 | 7,066.59 | -4,911.97 | 2,154.62 | 0.70 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 7,329.64 | -9,720.67 | -2,391.03 | 1.33 |
| Dec 18, 26 | 42,108.17 | -417.81 | 41,690.36 | 0.01 |