Rayonier Advanced Materia... (RYAM)
NYSE: RYAM
· Real-Time Price · USD
5.04
-0.00 (-0.10%)
At close: Aug 14, 2025, 3:59 PM
5.05
0.10%
Pre-market: Aug 15, 2025, 09:00 AM EDT
RYAM Delta Exposure By Expiry
The total Delta Exposure (DEX) for RYAM across all expirations shows 2,526.79 net shares that market makers must hedge, with 15,513.19 from calls and 12,986.4 from puts. The put-call delta ratio of 0.84 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 10,052.26 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.
RYAM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 899 | -3,815.94 | -2,916.94 | 4.24 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 1,746.15 | -8,566 | -6,819.85 | 4.91 |
| Jan 16, 26 | 10,651.53 | -599.27 | 10,052.26 | 0.06 |
| Feb 20, 26 | 2,216.51 | -5.19 | 2,211.32 | 0.00 |
| May 15, 26 | 0 | 0 | 0 | n/a |
| Sep 18, 26 | 0 | 0 | 0 | n/a |
| Dec 18, 26 | 0 | 0 | 0 | n/a |