(SHLD)
AMEX: SHLD
· Real-Time Price · USD
62.27
-0.44 (-0.70%)
At close: Aug 15, 2025, 3:59 PM
63.00
1.17%
After-hours: Aug 15, 2025, 07:57 PM EDT
SHLD Delta Exposure By Expiry
The total Delta Exposure (DEX) for SHLD across all expirations shows 226,160.92 net shares that market makers must hedge, with 238,372.37 from calls and 12,211.45 from puts. The put-call delta ratio of 0.05 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 101,045.29 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.
SHLD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 107,308.36 | -7,548.79 | 99,759.57 | 0.07 |
| Oct 17, 25 | 204.04 | 0 | 204.04 | 0.00 |
| Dec 19, 25 | 105,176.85 | -4,131.56 | 101,045.29 | 0.04 |
| Mar 20, 26 | 25,683.12 | -531.1 | 25,152.02 | 0.02 |