Antero Midstream Corporat... (AM)
NYSE: AM
· Real-Time Price · USD
17.71
0.22 (1.26%)
At close: Aug 21, 2025, 3:59 PM
17.54
-0.99%
After-hours: Aug 21, 2025, 07:15 PM EDT
AM Delta Exposure By Expiry
The total Delta Exposure (DEX) for AM across all expirations shows 114,029.44 net shares that market makers must hedge, with 210,943.41 from calls and 96,913.97 from puts. The put-call delta ratio of 0.46 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 72,484.28 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.
AM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 26,597.41 | -25,517.56 | 1,079.85 | 0.96 |
| Oct 17, 25 | 271.9 | -632.47 | -360.57 | 2.33 |
| Dec 19, 25 | 7,414.8 | -11,789.44 | -4,374.64 | 1.59 |
| Jan 16, 26 | 121,549.02 | -49,064.74 | 72,484.28 | 0.40 |
| Mar 20, 26 | 718.86 | -329.94 | 388.92 | 0.46 |
| Jun 18, 26 | 4,926.81 | -2,876.6 | 2,050.21 | 0.58 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 49,464.61 | -6,703.22 | 42,761.39 | 0.14 |