Eastman Chemical (EMN)
NYSE: EMN
· Real-Time Price · USD
66.63
-0.08 (-0.12%)
At close: Aug 20, 2025, 3:59 PM
66.63
0.00%
Pre-market: Aug 21, 2025, 05:34 AM EDT
EMN Delta Exposure By Expiry
The total Delta Exposure (DEX) for EMN across all expirations shows 88,744.98 net shares that market makers must hedge, with 234,565.33 from calls and 145,820.35 from puts. The put-call delta ratio of 0.62 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 43,580.92 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.
EMN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 101,141.5 | -57,560.58 | 43,580.92 | 0.57 |
| Oct 17, 25 | 10,878.17 | -16,115.43 | -5,237.26 | 1.48 |
| Dec 19, 25 | 98,786.92 | -59,084.54 | 39,702.38 | 0.60 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 22,105.72 | -12,011.47 | 10,094.25 | 0.54 |
| Dec 18, 26 | 1,653.02 | -1,048.33 | 604.69 | 0.63 |