Northern Dynasty Minerals... (NAK)
AMEX: NAK
· Real-Time Price · USD
0.91
0.00 (0.39%)
At close: Aug 29, 2025, 3:59 PM
NAK Delta Exposure By Expiry
The total Delta Exposure (DEX) for NAK across all expirations shows 46,812.89 net shares that market makers must hedge, with 58,115.94 from calls and 11,303.05 from puts. The put-call delta ratio of 0.19 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Nov 21, 25 with 14,894.92 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 5, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
NAK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 5, 25 | 658.8 | -64.39 | 594.41 | 0.10 |
| Sep 12, 25 | 754.78 | -133.03 | 621.75 | 0.18 |
| Sep 19, 25 | 5,671.56 | -799.79 | 4,871.77 | 0.14 |
| Sep 26, 25 | 771.29 | -29.48 | 741.81 | 0.04 |
| Oct 3, 25 | 88.13 | 0 | 88.13 | 0.00 |
| Oct 10, 25 | 29.33 | 0 | 29.33 | 0.00 |
| Oct 17, 25 | 870.6 | -55.33 | 815.27 | 0.06 |
| Nov 21, 25 | 20,817.11 | -5,922.19 | 14,894.92 | 0.28 |
| Jan 16, 26 | 9,282.28 | -2,493.07 | 6,789.21 | 0.27 |
| Feb 20, 26 | 4,990.96 | -690.97 | 4,299.99 | 0.14 |
| Jan 15, 27 | 14,181.1 | -1,114.8 | 13,066.3 | 0.08 |