McCormick & (MKC)
NYSE: MKC
· Real-Time Price · USD
72.30
1.23 (1.73%)
At close: Aug 22, 2025, 3:59 PM
72.28
-0.03%
After-hours: Aug 22, 2025, 06:28 PM EDT
MKC Delta Exposure By Expiry
The total Delta Exposure (DEX) for MKC across all expirations shows 139,528.69 net shares that market makers must hedge, with 349,273.39 from calls and 209,744.7 from puts. The put-call delta ratio of 0.60 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 52,008.89 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.
MKC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 166,582.74 | -114,573.85 | 52,008.89 | 0.69 |
| Oct 17, 25 | 10,032.84 | -1,980.16 | 8,052.68 | 0.20 |
| Dec 19, 25 | 37,589.84 | -20,531.3 | 17,058.54 | 0.55 |
| Jan 16, 26 | 77,840.46 | -40,119.92 | 37,720.54 | 0.52 |
| Mar 20, 26 | 24,143.28 | -11,056.56 | 13,086.72 | 0.46 |
| Jun 18, 26 | 10,247.38 | -8,225.28 | 2,022.1 | 0.80 |
| Sep 18, 26 | 4,259.49 | -1,735.96 | 2,523.53 | 0.41 |
| Jan 15, 27 | 18,577.36 | -11,521.67 | 7,055.69 | 0.62 |