Brinker International Inc... (EAT)
NYSE: EAT
· Real-Time Price · USD
152.30
-0.30 (-0.20%)
At close: Aug 21, 2025, 3:59 PM
153.00
0.46%
Pre-market: Aug 22, 2025, 07:50 AM EDT
EAT Delta Exposure By Expiry
The total Delta Exposure (DEX) for EAT across all expirations shows 607,295.42 net shares that market makers must hedge, with 1,232,792.41 from calls and 625,496.99 from puts. The put-call delta ratio of 0.51 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 446,840.15 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.
EAT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 274,695.27 | -117,198.23 | 157,497.04 | 0.43 |
| Oct 17, 25 | 85,832.41 | -112,685.3 | -26,852.89 | 1.31 |
| Nov 21, 25 | 80,025.89 | -46,917.92 | 33,107.97 | 0.59 |
| Jan 16, 26 | 694,369.18 | -247,529.03 | 446,840.15 | 0.36 |
| Feb 20, 26 | 46,495.97 | -68,911.86 | -22,415.89 | 1.48 |
| Apr 17, 26 | 266.63 | -252.77 | 13.86 | 0.95 |
| May 15, 26 | 12,228.34 | -11,246.14 | 982.2 | 0.92 |
| Jan 15, 27 | 38,878.72 | -20,755.74 | 18,122.98 | 0.53 |