(SMCX)
NASDAQ: SMCX
· Real-Time Price · USD
34.24
2.29 (7.17%)
At close: Aug 22, 2025, 3:59 PM
34.51
0.79%
After-hours: Aug 22, 2025, 07:57 PM EDT
SMCX Delta Exposure By Expiry
The total Delta Exposure (DEX) for SMCX across all expirations shows -1,764.39 net shares that market makers must hedge, with 258,406.54 from calls and 260,170.93 from puts. The put-call delta ratio of 1.01 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Dec 19, 25 with 40,159.79 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
SMCX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 69,421.9 | -109,492.95 | -40,071.05 | 1.58 |
| Oct 17, 25 | 4,343.87 | -2,031.23 | 2,312.64 | 0.47 |
| Dec 19, 25 | 144,116.39 | -103,956.6 | 40,159.79 | 0.72 |
| Mar 20, 26 | 40,524.38 | -44,690.15 | -4,165.77 | 1.10 |