Sandstorm Gold Ltd. (SAND)
NYSE: SAND
· Real-Time Price · USD
12.26
0.24 (2.00%)
At close: Sep 26, 2025, 3:59 PM
12.40
1.18%
After-hours: Sep 26, 2025, 07:54 PM EDT
SAND Delta Exposure By Expiry
The total Delta Exposure (DEX) for SAND across all expirations shows 340,351.47 net shares that market makers must hedge, with 362,912.66 from calls and 22,561.19 from puts. The put-call delta ratio of 0.06 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
SAND DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 7,083.41 | -3,605.36 | 3,478.05 | 0.51 |
| Nov 21, 25 | 16,514.56 | -2,177.14 | 14,337.42 | 0.13 |
| Dec 19, 25 | 21,489.86 | -1,669.97 | 19,819.89 | 0.08 |
| Jan 16, 26 | 270,800.5 | -11,440.79 | 259,359.71 | 0.04 |
| Mar 20, 26 | 6,635.16 | -945.74 | 5,689.42 | 0.14 |
| Jan 15, 27 | 36,011.99 | -2,575.51 | 33,436.48 | 0.07 |
| Jan 21, 28 | 4,377.18 | -146.68 | 4,230.5 | 0.03 |