Firefly Aerospace Inc. (FLY)
NASDAQ: FLY
· Real-Time Price · USD
47.15
0.12 (0.26%)
At close: Aug 28, 2025, 3:59 PM
47.38
0.49%
After-hours: Aug 28, 2025, 07:45 PM EDT
FLY Delta Exposure By Expiry
The total Delta Exposure (DEX) for FLY across all expirations shows 5,176.81 net shares that market makers must hedge, with 66,441.51 from calls and 61,264.7 from puts. The put-call delta ratio of 0.92 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -13,302.16 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
FLY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 22,453.63 | -35,755.79 | -13,302.16 | 1.59 |
| Oct 17, 25 | 8,091.73 | -3,399.79 | 4,691.94 | 0.42 |
| Nov 21, 25 | 11,167.89 | -3,092.34 | 8,075.55 | 0.28 |
| Feb 20, 26 | 24,728.26 | -19,016.78 | 5,711.48 | 0.77 |