Vital Farms Inc. (VITL)

The total Delta Exposure (DEX) for VITL across all expirations shows 257,606.41 net shares that market makers must hedge, with 292,970.63 from calls and 35,364.22 from puts. The put-call delta ratio of 0.12 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 123,791.99 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.