Zimmer Biomet Inc. (ZBH)
NYSE: ZBH
· Real-Time Price · USD
100.42
1.30 (1.31%)
At close: Sep 17, 2025, 1:47 PM
ZBH Delta Exposure By Expiry
The total Delta Exposure (DEX) for ZBH across all expirations shows -37,544.14 net shares that market makers must hedge, with 162,515.66 from calls and 200,059.8 from puts. The put-call delta ratio of 1.23 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ZBH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 58,395.83 | -87,040.48 | -28,644.65 | 1.49 |
| Oct 17, 25 | 3,690.04 | -11,090.43 | -7,400.39 | 3.01 |
| Dec 19, 25 | 45,878.09 | -62,319.1 | -16,441.01 | 1.36 |
| Jan 16, 26 | 26,802 | -29,479.76 | -2,677.76 | 1.10 |
| Mar 20, 26 | 3,092.01 | -3,284.88 | -192.87 | 1.06 |
| Jun 18, 26 | 3,067.07 | -2,124.55 | 942.52 | 0.69 |
| Sep 18, 26 | 9,863.87 | -1,292.43 | 8,571.44 | 0.13 |
| Jan 15, 27 | 11,726.75 | -3,428.17 | 8,298.58 | 0.29 |