Hess Corporation (HES)
HES Daily Delta Exposure
HES's current Delta Exposure (DEX) is -1.97M shares, which is 40% smaller than the 3M average of -3.27M shares. During this period, DEX ranged from -4.3M on May 23, 2025 to -1.48M on Jul 11, 2025, with dealers consistently net long, providing natural buying support. Delta exposure has been increasing recently, shifting the directional hedging pressure. The current put-call delta ratio of 2.70 signals heavy put positioning that could accelerate downside moves. Near extreme DEX levels suggest potential for mean reversion as positions unwind.
DEX History
| Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Jul 17, 2025 | 1,159,406.79 | -3,126,547.81 | -1,967,141.02 | 2.70 |
| Jul 16, 2025 | 1,090,739.33 | -3,313,889.14 | -2,223,149.81 | 3.04 |
| Jul 15, 2025 | 1,151,865.43 | -3,204,446.7 | -2,052,581.27 | 2.78 |
Stop Guessing, Start Knowing.
Cut through market noise with actionable insights that actually help you make confident investment decisions. No more endless research or gut-based guessing.
- Unlimited access to all data and tools
- Unlimited access to all data and tools, giving you the edge over everyone else in the market.
- Realtime Options & Dark Pool Data
- Instant access to live options & dark pool data to spot opportunities and trade with precision before the market moves.
- Top Wallstreet Analyst Ratings
- Follow ratings from the best analysts on Wall Street to stay ahead.
- Up to 30 years financial history
- We deliver premium Wall Street data with top-tier accuracy and up to 30 years of history.