Funko Inc. (FNKO)
NASDAQ: FNKO
· Real-Time Price · USD
2.67
-0.21 (-7.29%)
At close: Aug 19, 2025, 3:59 PM
2.75
2.80%
After-hours: Aug 19, 2025, 07:44 PM EDT
FNKO Delta Exposure By Expiry
The total Delta Exposure (DEX) for FNKO across all expirations shows -33,481.35 net shares that market makers must hedge, with 20,957.61 from calls and 54,438.96 from puts. The put-call delta ratio of 2.60 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Feb 20, 26 with -21,036.76 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
FNKO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 7,041.96 | -695 | 6,346.96 | 0.10 |
| Oct 17, 25 | 279.32 | 0 | 279.32 | 0.00 |
| Nov 21, 25 | 10,350.56 | -29,421.43 | -19,070.87 | 2.84 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 3,285.77 | -24,322.53 | -21,036.76 | 7.40 |