Martin Marietta Materials... (MLM)
NYSE: MLM
· Real-Time Price · USD
607.31
4.48 (0.74%)
At close: Aug 19, 2025, 3:59 PM
607.76
0.07%
After-hours: Aug 19, 2025, 05:41 PM EDT
MLM Delta Exposure By Expiry
The total Delta Exposure (DEX) for MLM across all expirations shows 662,243.07 net shares that market makers must hedge, with 722,085.55 from calls and 59,842.48 from puts. The put-call delta ratio of 0.08 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 254,260.66 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.
MLM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 194,906.8 | -20,204.57 | 174,702.23 | 0.10 |
| Oct 17, 25 | 171,984.76 | -10,726.04 | 161,258.72 | 0.06 |
| Dec 19, 25 | 271,825.76 | -17,565.1 | 254,260.66 | 0.06 |
| Jan 16, 26 | 81,969.85 | -11,062.11 | 70,907.74 | 0.13 |
| Apr 17, 26 | 1,398.38 | -284.66 | 1,113.72 | 0.20 |