Sonder Inc. (SOND)
NASDAQ: SOND
· Real-Time Price · USD
1.94
-0.06 (-3.00%)
At close: Aug 15, 2025, 3:59 PM
1.90
-1.81%
After-hours: Aug 15, 2025, 04:11 PM EDT
SOND Delta Exposure By Expiry
The total Delta Exposure (DEX) for SOND across all expirations shows 300.41 net shares that market makers must hedge, with 1,053.87 from calls and 753.46 from puts. The put-call delta ratio of 0.71 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 250.83 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.
SOND DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 736.52 | -704.4 | 32.12 | 0.96 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 299.89 | -49.06 | 250.83 | 0.16 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 17.46 | 0 | 17.46 | 0.00 |