AvalonBay Communities Inc... (AVB)
NYSE: AVB
· Real-Time Price · USD
192.28
4.03 (2.14%)
At close: Aug 19, 2025, 10:52 AM
AVB Delta Exposure By Expiry
The total Delta Exposure (DEX) for AVB across all expirations shows -44,264.71 net shares that market makers must hedge, with 87,036.06 from calls and 131,300.77 from puts. The put-call delta ratio of 1.51 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Jan 16, 26 with -67,943.54 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
AVB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 59,568.55 | -20,048.14 | 39,520.41 | 0.34 |
| Oct 17, 25 | 16,792.41 | -31,604.15 | -14,811.74 | 1.88 |
| Jan 16, 26 | 10,536.47 | -78,480.01 | -67,943.54 | 7.45 |
| Apr 17, 26 | 138.63 | -1,168.47 | -1,029.84 | 8.43 |