Zhihu Inc. (ZH)
NYSE: ZH
· Real-Time Price · USD
4.96
-0.15 (-2.94%)
At close: Oct 03, 2025, 3:59 PM
4.96
0.10%
Pre-market: Oct 06, 2025, 08:08 AM EDT
ZH Delta Exposure By Expiry
The total Delta Exposure (DEX) for ZH across all expirations shows 3,131.4 net shares that market makers must hedge, with 10,808.18 from calls and 7,676.78 from puts. The put-call delta ratio of 0.71 suggests neutral market maker positioning.
ZH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 657.46 | -416.59 | 240.87 | 0.63 |
| Nov 21, 25 | 269.11 | -382.75 | -113.64 | 1.42 |
| Dec 19, 25 | 4,633.9 | -6,179.63 | -1,545.73 | 1.33 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 5,247.71 | -697.81 | 4,549.9 | 0.13 |