Nano Labs Ltd (NA)
NASDAQ: NA
· Real-Time Price · USD
5.10
1.04 (25.62%)
At close: Aug 18, 2025, 3:59 PM
4.59
-10.00%
Pre-market: Aug 19, 2025, 07:39 AM EDT
NA Delta Exposure By Expiry
The total Delta Exposure (DEX) for NA across all expirations shows 255.06 net shares that market makers must hedge, with 2,875.11 from calls and 2,620.05 from puts. The put-call delta ratio of 0.91 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 665.3 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
NA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 153.26 | -741.37 | -588.11 | 4.84 |
| Oct 17, 25 | 517.15 | -75.2 | 441.95 | 0.15 |
| Nov 21, 25 | 1,445.79 | -780.49 | 665.3 | 0.54 |
| Feb 20, 26 | 758.91 | -1,022.99 | -264.08 | 1.35 |