Sapiens International Cor... (SPNS)
NASDAQ: SPNS
· Real-Time Price · USD
42.93
0.00 (0.00%)
At close: Sep 05, 2025, 3:59 PM
43.11
0.42%
Pre-market: Sep 08, 2025, 04:22 AM EDT
SPNS Delta Exposure By Expiry
The total Delta Exposure (DEX) for SPNS across all expirations shows 50,726.57 net shares that market makers must hedge, with 55,836.37 from calls and 5,109.8 from puts. The put-call delta ratio of 0.09 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
SPNS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 12,997.98 | -3,547.99 | 9,449.99 | 0.27 |
| Oct 17, 25 | 19,475.87 | -330.57 | 19,145.3 | 0.02 |
| Dec 19, 25 | 1,772.23 | -347.09 | 1,425.14 | 0.20 |
| Jan 16, 26 | 13,492.58 | -875.86 | 12,616.72 | 0.06 |
| Apr 17, 26 | 8,097.71 | -8.29 | 8,089.42 | 0.00 |