Vulcan Materials (VMC)
NYSE: VMC
· Real-Time Price · USD
293.12
-2.52 (-0.85%)
At close: Aug 14, 2025, 3:59 PM
293.10
-0.01%
After-hours: Aug 14, 2025, 05:54 PM EDT
VMC Delta Exposure By Expiry
The total Delta Exposure (DEX) for VMC across all expirations shows 122,677.19 net shares that market makers must hedge, with 261,245.18 from calls and 138,567.99 from puts. The put-call delta ratio of 0.53 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with -101,793.42 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
VMC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 31,641.12 | -1,891 | 29,750.12 | 0.06 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 99,944.68 | -2,678.38 | 97,266.3 | 0.03 |
| Dec 19, 25 | 106,003.57 | -8,549.38 | 97,454.19 | 0.08 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 23,655.81 | -125,449.23 | -101,793.42 | 5.30 |