Exact Sciences Corporatio... (EXAS)
NASDAQ: EXAS
· Real-Time Price · USD
45.09
-0.51 (-1.12%)
At close: Aug 18, 2025, 3:59 PM
45.50
0.92%
After-hours: Aug 18, 2025, 07:19 PM EDT
EXAS Delta Exposure By Expiry
The total Delta Exposure (DEX) for EXAS across all expirations shows -6,403.45 net shares that market makers must hedge, with 365,308.91 from calls and 371,712.36 from puts. The put-call delta ratio of 1.02 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Jan 16, 26 with -111,822.39 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
EXAS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 19,031.86 | -8,784.35 | 10,247.51 | 0.46 |
| Aug 29, 25 | 18,295.26 | -3,522.65 | 14,772.61 | 0.19 |
| Sep 5, 25 | 12,021.99 | -5,796.92 | 6,225.07 | 0.48 |
| Sep 12, 25 | 1,898.24 | -308.33 | 1,589.91 | 0.16 |
| Sep 19, 25 | 108,383.32 | -41,806.37 | 66,576.95 | 0.39 |
| Sep 26, 25 | 939.67 | -183.93 | 755.74 | 0.20 |
| Oct 17, 25 | 58,202.65 | -68,568.97 | -10,366.32 | 1.18 |
| Jan 16, 26 | 109,363.05 | -221,185.44 | -111,822.39 | 2.02 |
| Apr 17, 26 | 457.88 | -156.98 | 300.9 | 0.34 |
| Jan 15, 27 | 36,714.99 | -21,398.42 | 15,316.57 | 0.58 |