(MCHI)
NASDAQ: MCHI
· Real-Time Price · USD
59.69
0.10 (0.17%)
At close: Aug 20, 2025, 10:28 AM
MCHI Delta Exposure By Expiry
The total Delta Exposure (DEX) for MCHI across all expirations shows 898,184.11 net shares that market makers must hedge, with 991,130.67 from calls and 92,946.56 from puts. The put-call delta ratio of 0.09 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 540,436.53 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
MCHI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 64,623.03 | -7,927.62 | 56,695.41 | 0.12 |
| Oct 17, 25 | 8,396.91 | -469.61 | 7,927.3 | 0.06 |
| Nov 21, 25 | 194,023.35 | -8,472.4 | 185,550.95 | 0.04 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 611,448.23 | -71,011.7 | 540,436.53 | 0.12 |
| Feb 20, 26 | 4,792.01 | -649.04 | 4,142.97 | 0.14 |
| Jan 15, 27 | 107,847.14 | -4,416.19 | 103,430.95 | 0.04 |