(SPHY)
AMEX: SPHY
· Real-Time Price · USD
23.86
0.05 (0.21%)
At close: Sep 11, 2025, 3:59 PM
23.90
0.14%
After-hours: Sep 11, 2025, 06:40 PM EDT
SPHY Delta Exposure By Expiry
The total Delta Exposure (DEX) for SPHY across all expirations shows -958.45 net shares that market makers must hedge, with 2,700.08 from calls and 3,658.53 from puts. The put-call delta ratio of 1.35 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
SPHY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 17.8 | -26.59 | -8.79 | 1.49 |
| Oct 17, 25 | 2,543.06 | -2,353.05 | 190.01 | 0.93 |
| Jan 16, 26 | 139.22 | -1,237.2 | -1,097.98 | 8.89 |
| Apr 17, 26 | 0 | -41.69 | -41.69 | n/a |
| Jun 18, 26 | 0 | 0 | 0 | n/a |