Merchants Bancorp (MBIN)
NASDAQ: MBIN
· Real-Time Price · USD
32.27
0.10 (0.31%)
At close: Oct 06, 2025, 3:37 PM
MBIN Delta Exposure By Expiry
The total Delta Exposure (DEX) for MBIN across all expirations shows -3,927.6 net shares that market makers must hedge, with 2,835.3 from calls and 6,762.9 from puts. The put-call delta ratio of 2.39 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
MBIN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 0 | -91.97 | -91.97 | n/a |
| Nov 21, 25 | 2,328.1 | -4,351.98 | -2,023.88 | 1.87 |
| Feb 20, 26 | 507.2 | -2,168.3 | -1,661.1 | 4.28 |
| May 15, 26 | 0 | -150.65 | -150.65 | n/a |