Hormel Foods Corporation (HRL)
NYSE: HRL
· Real-Time Price · USD
24.87
-0.15 (-0.60%)
At close: Sep 17, 2025, 3:59 PM
25.00
0.52%
After-hours: Sep 17, 2025, 07:56 PM EDT
HRL Delta Exposure By Expiry
The total Delta Exposure (DEX) for HRL across all expirations shows -62,980.43 net shares that market makers must hedge, with 210,888.34 from calls and 273,868.77 from puts. The put-call delta ratio of 1.30 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
HRL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 32,165.55 | -68,266.35 | -36,100.8 | 2.12 |
| Sep 26, 25 | 25,892.07 | -5,575.87 | 20,316.2 | 0.22 |
| Oct 3, 25 | 1,905.15 | -2,431.41 | -526.26 | 1.28 |
| Oct 10, 25 | 2,800.6 | -24,477.99 | -21,677.39 | 8.74 |
| Oct 17, 25 | 10,305.81 | -31,537.75 | -21,231.94 | 3.06 |
| Oct 24, 25 | 1,824.78 | -479.87 | 1,344.91 | 0.26 |
| Oct 31, 25 | 169.54 | -79.46 | 90.08 | 0.47 |
| Dec 19, 25 | 21,801.57 | -47,033.88 | -25,232.31 | 2.16 |
| Jan 16, 26 | 27,515.27 | -58,555.24 | -31,039.97 | 2.13 |
| Mar 20, 26 | 11,526.34 | -7,307.48 | 4,218.86 | 0.63 |
| Jan 15, 27 | 74,604.36 | -28,118.52 | 46,485.84 | 0.38 |
| Jan 21, 28 | 377.3 | -4.95 | 372.35 | 0.01 |