Cal-Maine Foods Inc. (CALM)
NASDAQ: CALM
· Real-Time Price · USD
110.02
1.12 (1.03%)
At close: Aug 19, 2025, 3:59 PM
CALM Delta Exposure By Expiry
The total Delta Exposure (DEX) for CALM across all expirations shows 36,097.49 net shares that market makers must hedge, with 171,113.63 from calls and 135,016.14 from puts. The put-call delta ratio of 0.79 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 59,990.33 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CALM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 54,394.82 | -105,896.89 | -51,502.07 | 1.95 |
| Oct 17, 25 | 937.47 | -265.04 | 672.43 | 0.28 |
| Nov 21, 25 | 81,618.38 | -21,628.05 | 59,990.33 | 0.26 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 34,162.96 | -7,226.16 | 26,936.8 | 0.21 |