STMicroelectronics N.V. (STM)
NYSE: STM
· Real-Time Price · USD
25.65
-0.22 (-0.85%)
At close: Aug 15, 2025, 3:59 PM
25.65
0.00%
After-hours: Aug 15, 2025, 07:48 PM EDT
STM Delta Exposure By Expiry
The total Delta Exposure (DEX) for STM across all expirations shows 156,880.57 net shares that market makers must hedge, with 576,106.09 from calls and 419,225.52 from puts. The put-call delta ratio of 0.73 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 75,088.96 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.
STM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 68,253.3 | -22,320.9 | 45,932.4 | 0.33 |
| Oct 17, 25 | 134,634.4 | -113,534.69 | 21,099.71 | 0.84 |
| Jan 16, 26 | 168,688.45 | -186,350 | -17,661.55 | 1.10 |
| Feb 20, 26 | 15,302.02 | -14,749.06 | 552.96 | 0.96 |
| Apr 17, 26 | 714.8 | 0 | 714.8 | 0.00 |
| May 15, 26 | 6,216.28 | -12,130.61 | -5,914.33 | 1.95 |
| Jun 18, 26 | 52,898.88 | -21,645.29 | 31,253.59 | 0.41 |
| Aug 21, 26 | 12,160.7 | -11,972.57 | 188.13 | 0.98 |
| Nov 20, 26 | 8,183.96 | -2,558.06 | 5,625.9 | 0.31 |
| Jan 15, 27 | 109,053.3 | -33,964.34 | 75,088.96 | 0.31 |