Shake Shack Inc. (SHAK)
NYSE: SHAK
· Real-Time Price · USD
98.32
0.73 (0.75%)
At close: Sep 09, 2025, 3:59 PM
98.27
-0.05%
After-hours: Sep 09, 2025, 05:35 PM EDT
SHAK Delta Exposure By Expiry
The total Delta Exposure (DEX) for SHAK across all expirations shows -610,403.29 net shares that market makers must hedge, with 409,815.39 from calls and 1,020,218.68 from puts. The put-call delta ratio of 2.49 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
SHAK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 3,881.03 | -26,231.16 | -22,350.13 | 6.76 |
| Sep 19, 25 | 50,392.11 | -419,185.84 | -368,793.73 | 8.32 |
| Sep 26, 25 | 1,278.24 | -10,014.09 | -8,735.85 | 7.83 |
| Oct 3, 25 | 496.85 | -1,348.57 | -851.72 | 2.71 |
| Oct 10, 25 | 62.45 | -227.24 | -164.79 | 3.64 |
| Oct 17, 25 | 30,446.53 | -114,758.67 | -84,312.14 | 3.77 |
| Oct 24, 25 | 222.66 | -232.46 | -9.8 | 1.04 |
| Nov 21, 25 | 20,432.77 | -61,062.23 | -40,629.46 | 2.99 |
| Dec 19, 25 | 19,561.84 | -35,574.67 | -16,012.83 | 1.82 |
| Jan 16, 26 | 171,888.24 | -128,554.62 | 43,333.62 | 0.75 |
| Mar 20, 26 | 21,979.61 | -36,510.22 | -14,530.61 | 1.66 |
| Jun 18, 26 | 17,849.39 | -9,409.52 | 8,439.87 | 0.53 |
| Sep 18, 26 | 13,853.09 | -154,126.15 | -140,273.06 | 11.13 |
| Jan 15, 27 | 57,470.58 | -22,983.24 | 34,487.34 | 0.40 |