Markel Corporation (MKL)
NYSE: MKL
· Real-Time Price · USD
1942.09
21.34 (1.11%)
At close: Oct 03, 2025, 3:59 PM
1932.00
-0.52%
After-hours: Oct 03, 2025, 05:29 PM EDT
MKL Delta Exposure By Expiry
The total Delta Exposure (DEX) for MKL across all expirations shows -938,577.67 net shares that market makers must hedge, with 394,073.17 from calls and 1,332,650.84 from puts. The put-call delta ratio of 3.38 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
MKL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 135,715.67 | -64,903.18 | 70,812.49 | 0.48 |
| Nov 21, 25 | 26,669.95 | -4,655.36 | 22,014.59 | 0.17 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 178,593.38 | -1,257,178.56 | -1,078,585.18 | 7.04 |
| Apr 17, 26 | 53,094.17 | -5,913.74 | 47,180.43 | 0.11 |