J. M. Smucker (SJM)
NYSE: SJM
· Real-Time Price · USD
108.28
0.48 (0.45%)
At close: Oct 03, 2025, 3:59 PM
106.90
-1.27%
After-hours: Oct 03, 2025, 07:40 PM EDT
SJM Delta Exposure By Expiry
The total Delta Exposure (DEX) for SJM across all expirations shows -9,050.43 net shares that market makers must hedge, with 632,111.17 from calls and 641,161.6 from puts. The put-call delta ratio of 1.01 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
SJM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 280,788.35 | -336,663.37 | -55,875.02 | 1.20 |
| Nov 21, 25 | 11,747.44 | -35,733.94 | -23,986.5 | 3.04 |
| Jan 16, 26 | 264,994.41 | -194,331.69 | 70,662.72 | 0.73 |
| Apr 17, 26 | 23,539.35 | -12,948.33 | 10,591.02 | 0.55 |
| Jun 18, 26 | 4,509.07 | -18,128.47 | -13,619.4 | 4.02 |
| Sep 18, 26 | 83.15 | -626.55 | -543.4 | 7.54 |
| Jan 15, 27 | 45,427 | -42,096.28 | 3,330.72 | 0.93 |
| Jan 21, 28 | 1,022.4 | -632.97 | 389.43 | 0.62 |