First Merchants Corporati... (FRME)
NASDAQ: FRME
· Real-Time Price · USD
37.98
0.49 (1.31%)
At close: Oct 03, 2025, 3:59 PM
37.98
0.00%
After-hours: Oct 03, 2025, 04:20 PM EDT
FRME Delta Exposure By Expiry
The total Delta Exposure (DEX) for FRME across all expirations shows 439.98 net shares that market makers must hedge, with 568.15 from calls and 128.17 from puts. The put-call delta ratio of 0.23 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
FRME DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 0 | -10.85 | -10.85 | n/a |
| Nov 21, 25 | 37.98 | -21.75 | 16.23 | 0.57 |
| Dec 19, 25 | 202.24 | 0 | 202.24 | 0.00 |
| Mar 20, 26 | 327.93 | -95.57 | 232.36 | 0.29 |