Sibanye Stillwater Limite... (SBSW)
NYSE: SBSW
· Real-Time Price · USD
11.39
0.24 (2.11%)
At close: Sep 29, 2025, 12:52 PM
SBSW Delta Exposure By Expiry
The total Delta Exposure (DEX) for SBSW across all expirations shows 1,853,321.96 net shares that market makers must hedge, with 2,045,379.89 from calls and 192,057.93 from puts. The put-call delta ratio of 0.09 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
SBSW DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 615,180.3 | -62,855.3 | 552,325 | 0.10 |
| Nov 21, 25 | 25,991.86 | -11,919.36 | 14,072.5 | 0.46 |
| Jan 16, 26 | 784,587.15 | -90,889.49 | 693,697.66 | 0.12 |
| Apr 17, 26 | 125,945.34 | -5,149.81 | 120,795.53 | 0.04 |
| Jun 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 485,290.07 | -20,523.91 | 464,766.16 | 0.04 |
| Jan 21, 28 | 8,385.17 | -720.06 | 7,665.11 | 0.09 |
| Jan 1, 31 | 0 | 0 | 0 | n/a |