Aspen Aerogels Inc. (ASPN)
NYSE: ASPN
· Real-Time Price · USD
6.67
-0.17 (-2.49%)
At close: Sep 02, 2025, 3:59 PM
6.66
-0.21%
After-hours: Sep 02, 2025, 05:00 PM EDT
ASPN Delta Exposure By Expiry
The total Delta Exposure (DEX) for ASPN across all expirations shows 45,619.38 net shares that market makers must hedge, with 63,445.34 from calls and 17,825.96 from puts. The put-call delta ratio of 0.28 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 21,609.2 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.
ASPN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 7,791.26 | -7,196.28 | 594.98 | 0.92 |
| Oct 17, 25 | 413.79 | -81.42 | 332.37 | 0.20 |
| Nov 21, 25 | 4,950.56 | -2,000.93 | 2,949.63 | 0.40 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 27,651.85 | -6,042.65 | 21,609.2 | 0.22 |
| Feb 20, 26 | 3,859.19 | -392.56 | 3,466.63 | 0.10 |
| Jan 15, 27 | 18,778.69 | -2,112.12 | 16,666.57 | 0.11 |