New York Times

NYSE: NYT · Real-Time Price · USD
59.78
0.13 (0.22%)
At close: Aug 22, 2025, 3:59 PM
60.20
0.70%
After-hours: Aug 22, 2025, 06:50 PM EDT

NYT Delta Exposure By Expiry

The total Delta Exposure (DEX) for NYT across all expirations shows 46,190.63 net shares that market makers must hedge, with 160,287.65 from calls and 114,097.02 from puts. The put-call delta ratio of 0.71 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 39,105.61 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.

NYT DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Sep 19, 25 10,066.64 -16,514.5 -6,447.86 1.64
Oct 17, 25 76,233.99 -76,370 -136.01 1.00
Nov 21, 25 17,763.23 -6,089.37 11,673.86 0.34
Dec 19, 25 44,015.58 -4,909.97 39,105.61 0.11
Jan 16, 26 5,369.89 -9,019.79 -3,649.9 1.68
Apr 17, 26 0 0 0 n/a
Oct 16, 26 3,145.16 -64.61 3,080.55 0.02
Dec 18, 26 3,693.16 -1,128.78 2,564.38 0.31