Sotera Health (SHC)
NASDAQ: SHC
· Real-Time Price · USD
15.71
-0.05 (-0.32%)
At close: Aug 15, 2025, 2:00 PM
SHC Delta Exposure By Expiry
The total Delta Exposure (DEX) for SHC across all expirations shows -1,588.18 net shares that market makers must hedge, with 1,959.75 from calls and 3,547.93 from puts. The put-call delta ratio of 1.81 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Sep 19, 25 with -1,464.13 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
SHC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 125.51 | -1,589.64 | -1,464.13 | 12.67 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 1,326.38 | -311.23 | 1,015.15 | 0.23 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 507.86 | -1,647.06 | -1,139.2 | 3.24 |