(SBIO)
AMEX: SBIO
· Real-Time Price · USD
35.02
0.38 (1.10%)
At close: Aug 15, 2025, 3:58 PM
SBIO Delta Exposure By Expiry
The total Delta Exposure (DEX) for SBIO across all expirations shows 738.51 net shares that market makers must hedge, with 738.51 from calls and 0 from puts. The put-call delta ratio of 0.00 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 640.52 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
SBIO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 65.37 | 0 | 65.37 | 0.00 |
| Oct 17, 25 | 640.52 | 0 | 640.52 | 0.00 |
| Jan 16, 26 | 32.62 | 0 | 32.62 | 0.00 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Aug 21, 26 | 0 | 0 | 0 | n/a |