Ferroglobe (GSM)
NASDAQ: GSM
· Real-Time Price · USD
5.04
0.50 (11.01%)
At close: Oct 03, 2025, 3:59 PM
5.05
0.20%
After-hours: Oct 03, 2025, 07:53 PM EDT
GSM Delta Exposure By Expiry
The total Delta Exposure (DEX) for GSM across all expirations shows -2,949.76 net shares that market makers must hedge, with 31,295.08 from calls and 34,244.84 from puts. The put-call delta ratio of 1.09 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
GSM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 400.47 | -5,073.93 | -4,673.46 | 12.67 |
| Nov 21, 25 | 151.04 | 0 | 151.04 | 0.00 |
| Dec 19, 25 | 6,717.96 | -20,746.85 | -14,028.89 | 3.09 |
| Jan 16, 26 | 15,326.41 | -8,100.38 | 7,226.03 | 0.53 |
| Feb 20, 26 | 1,250.08 | 0 | 1,250.08 | 0.00 |
| Mar 20, 26 | 5,109.38 | -319.87 | 4,789.51 | 0.06 |
| Jun 18, 26 | 1,522.68 | 0 | 1,522.68 | 0.00 |
| Dec 18, 26 | 805.6 | -3.81 | 801.79 | 0.00 |
| Jan 15, 27 | 8.98 | 0 | 8.98 | 0.00 |
| Jan 21, 28 | 2.48 | 0 | 2.48 | 0.00 |