Algoma Steel Group Inc. (ASTL)
NASDAQ: ASTL
· Real-Time Price · USD
4.36
-0.05 (-1.13%)
At close: Aug 20, 2025, 3:59 PM
4.35
-0.23%
After-hours: Aug 20, 2025, 07:44 PM EDT
ASTL Delta Exposure By Expiry
The total Delta Exposure (DEX) for ASTL across all expirations shows 15,645.02 net shares that market makers must hedge, with 47,139.24 from calls and 31,494.22 from puts. The put-call delta ratio of 0.67 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 9,015.28 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.
ASTL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 7,877.16 | -780.81 | 7,096.35 | 0.10 |
| Oct 17, 25 | 1.5 | -3.51 | -2.01 | 2.34 |
| Nov 21, 25 | 9,937.97 | -10,331.37 | -393.4 | 1.04 |
| Jan 16, 26 | 29,239.5 | -20,224.22 | 9,015.28 | 0.69 |
| Feb 20, 26 | 83.11 | -154.31 | -71.2 | 1.86 |