EHang Limited (EH)
NASDAQ: EH
· Real-Time Price · USD
17.32
-0.47 (-2.64%)
At close: Aug 19, 2025, 3:59 PM
17.27
-0.29%
Pre-market: Aug 20, 2025, 04:05 AM EDT
EH Delta Exposure By Expiry
The total Delta Exposure (DEX) for EH across all expirations shows -128,470.45 net shares that market makers must hedge, with 454,289.54 from calls and 582,759.99 from puts. The put-call delta ratio of 1.28 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Aug 22, 25 with -243,633.17 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
EH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 25,280.61 | -268,913.78 | -243,633.17 | 10.64 |
| Aug 29, 25 | 61,955.41 | -84,693.34 | -22,737.93 | 1.37 |
| Sep 5, 25 | 1,108.93 | -14,828.77 | -13,719.84 | 13.37 |
| Sep 12, 25 | 912.26 | -795.5 | 116.76 | 0.87 |
| Sep 19, 25 | 15,581.75 | -67,088.84 | -51,507.09 | 4.31 |
| Sep 26, 25 | 3,117.13 | -67.5 | 3,049.63 | 0.02 |
| Oct 17, 25 | 124,519.94 | -100,327.09 | 24,192.85 | 0.81 |
| Jan 16, 26 | 173,530.77 | -39,570.23 | 133,960.54 | 0.23 |
| Apr 17, 26 | 65.59 | -596.72 | -531.13 | 9.10 |
| Jan 15, 27 | 48,217.15 | -5,878.22 | 42,338.93 | 0.12 |