Spirit AeroSystems Inc. (SPR)
NYSE: SPR
· Real-Time Price · USD
41.19
0.30 (0.73%)
At close: Aug 15, 2025, 3:59 PM
41.51
0.78%
After-hours: Aug 15, 2025, 06:15 PM EDT
SPR Delta Exposure By Expiry
The total Delta Exposure (DEX) for SPR across all expirations shows 145,151.62 net shares that market makers must hedge, with 183,104.27 from calls and 37,952.65 from puts. The put-call delta ratio of 0.21 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 126,829.71 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.
SPR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,524.84 | -720.46 | 804.38 | 0.47 |
| Oct 17, 25 | 16,465.65 | -2,544.69 | 13,920.96 | 0.15 |
| Jan 16, 26 | 160,280.41 | -33,450.7 | 126,829.71 | 0.21 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 4,833.37 | -1,236.8 | 3,596.57 | 0.26 |