Wendy's (WEN)
NASDAQ: WEN
· Real-Time Price · USD
9.83
-0.09 (-0.91%)
At close: Sep 10, 2025, 3:59 PM
9.87
0.41%
After-hours: Sep 10, 2025, 07:59 PM EDT
WEN Delta Exposure By Expiry
The total Delta Exposure (DEX) for WEN across all expirations shows -158,586.56 net shares that market makers must hedge, with 213,032.42 from calls and 371,618.98 from puts. The put-call delta ratio of 1.74 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
WEN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 41,893.73 | -60,298.39 | -18,404.66 | 1.44 |
| Oct 17, 25 | 18,239.49 | -78,053.57 | -59,814.08 | 4.28 |
| Nov 21, 25 | 34,908.82 | -115,082.76 | -80,173.94 | 3.30 |
| Jan 16, 26 | 40,828.28 | -96,061.15 | -55,232.87 | 2.35 |
| Feb 20, 26 | 18,634.79 | -9,715.65 | 8,919.14 | 0.52 |
| Jan 15, 27 | 43,633.02 | -9,663.42 | 33,969.6 | 0.22 |
| Dec 17, 27 | 14,894.29 | -2,744.04 | 12,150.25 | 0.18 |