Noodles & (NDLS)
NASDAQ: NDLS
· Real-Time Price · USD
0.74
0.01 (1.16%)
At close: Aug 19, 2025, 10:42 AM
NDLS Delta Exposure By Expiry
The total Delta Exposure (DEX) for NDLS across all expirations shows 225.63 net shares that market makers must hedge, with 902.69 from calls and 677.06 from puts. The put-call delta ratio of 0.75 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 169.57 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.
NDLS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5.21 | -29.2 | -23.99 | 5.60 |
| Oct 17, 25 | 0 | -7.3 | -7.3 | n/a |
| Nov 21, 25 | 444.98 | -357.63 | 87.35 | 0.80 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 452.5 | -282.93 | 169.57 | 0.63 |