RingCentral Inc. (RNG)
NYSE: RNG
· Real-Time Price · USD
30.86
1.72 (5.90%)
At close: Aug 22, 2025, 3:59 PM
30.50
-1.17%
After-hours: Aug 22, 2025, 05:39 PM EDT
RNG Delta Exposure By Expiry
The total Delta Exposure (DEX) for RNG across all expirations shows 164,572.88 net shares that market makers must hedge, with 223,182.05 from calls and 58,609.17 from puts. The put-call delta ratio of 0.26 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 18, 26 with 117,417.28 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
RNG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 1,032.88 | -1,178.21 | -145.33 | 1.14 |
| Sep 5, 25 | 740.54 | -433.11 | 307.43 | 0.58 |
| Sep 12, 25 | 313.47 | -100.57 | 212.9 | 0.32 |
| Sep 19, 25 | 13,142.87 | -6,637.06 | 6,505.81 | 0.50 |
| Sep 26, 25 | 2,158.09 | -16.15 | 2,141.94 | 0.01 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 21,149.17 | -8,262.87 | 12,886.3 | 0.39 |
| Dec 19, 25 | 25,207.89 | -17,162.73 | 8,045.16 | 0.68 |
| Jan 16, 26 | 41,033.03 | -23,962.33 | 17,070.7 | 0.58 |
| Apr 17, 26 | 986.83 | -856.14 | 130.69 | 0.87 |
| Dec 18, 26 | 117,417.28 | 0 | 117,417.28 | 0.00 |