Unilever (UL)
NYSE: UL
· Real-Time Price · USD
61.71
-0.73 (-1.17%)
At close: Aug 14, 2025, 3:59 PM
61.19
-0.84%
Pre-market: Aug 15, 2025, 08:54 AM EDT
UL Delta Exposure By Expiry
The total Delta Exposure (DEX) for UL across all expirations shows 260,673.94 net shares that market makers must hedge, with 483,281.53 from calls and 222,607.59 from puts. The put-call delta ratio of 0.46 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 173,188 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.
UL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 36,686.12 | -8,186.95 | 28,499.17 | 0.22 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 79,780.86 | -57,910.09 | 21,870.77 | 0.73 |
| Jan 16, 26 | 290,697.46 | -117,509.46 | 173,188 | 0.40 |
| Feb 20, 26 | 22,474.79 | -5,572.23 | 16,902.56 | 0.25 |
| Jan 15, 27 | 53,642.3 | -33,428.86 | 20,213.44 | 0.62 |