Nexstar Media Group Inc. (NXST)
NASDAQ: NXST
· Real-Time Price · USD
207.69
1.31 (0.63%)
At close: Aug 19, 2025, 3:59 PM
210.23
1.23%
After-hours: Aug 19, 2025, 07:43 PM EDT
NXST Delta Exposure By Expiry
The total Delta Exposure (DEX) for NXST across all expirations shows 39,586.33 net shares that market makers must hedge, with 82,857.13 from calls and 43,270.8 from puts. The put-call delta ratio of 0.52 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 26,899.4 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.
NXST DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 16,422.06 | -27,613.41 | -11,191.35 | 1.68 |
| Oct 17, 25 | 156.06 | -56.8 | 99.26 | 0.36 |
| Nov 21, 25 | 22,197.15 | -2,163.28 | 20,033.87 | 0.10 |
| Dec 19, 25 | 39,998.15 | -13,098.75 | 26,899.4 | 0.33 |
| Feb 20, 26 | 4,083.71 | -338.56 | 3,745.15 | 0.08 |