Denison Mines Corp. (DNN)

The total Delta Exposure (DEX) for DNN across all expirations shows 173,108.18 net shares that market makers must hedge, with 204,637.44 from calls and 31,529.26 from puts. The put-call delta ratio of 0.15 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 82,780.33 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.