Direxion Daily Homebuilde... (NAIL)
AMEX: NAIL
· Real-Time Price · USD
87.46
11.62 (15.32%)
At close: Aug 22, 2025, 3:59 PM
87.96
0.57%
After-hours: Aug 22, 2025, 07:57 PM EDT
NAIL Delta Exposure By Expiry
The total Delta Exposure (DEX) for NAIL across all expirations shows 1,118,900.19 net shares that market makers must hedge, with 1,300,022.03 from calls and 181,121.84 from puts. The put-call delta ratio of 0.14 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 15, 27 with 661,735.17 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
NAIL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 310,798.23 | -64,154.67 | 246,643.56 | 0.21 |
| Oct 17, 25 | 13,032.73 | -4,958.44 | 8,074.29 | 0.38 |
| Dec 19, 25 | 74,289.28 | -10,628.9 | 63,660.38 | 0.14 |
| Jan 16, 26 | 182,559.18 | -59,319.83 | 123,239.35 | 0.32 |
| Mar 20, 26 | 18,938.95 | -3,391.51 | 15,547.44 | 0.18 |
| Jan 15, 27 | 700,403.66 | -38,668.49 | 661,735.17 | 0.06 |