Reliance Steel & Aluminum... (RS)
NYSE: RS
· Real-Time Price · USD
294.45
8.60 (3.01%)
At close: Aug 22, 2025, 3:59 PM
294.54
0.03%
After-hours: Aug 22, 2025, 05:29 PM EDT
RS Delta Exposure By Expiry
The total Delta Exposure (DEX) for RS across all expirations shows 57,144.68 net shares that market makers must hedge, with 133,279.82 from calls and 76,135.14 from puts. The put-call delta ratio of 0.57 suggests neutral market maker positioning. The largest delta concentration at Dec 18, 26 with 42,344.4 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
RS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 20,820.19 | -20,444.49 | 375.7 | 0.98 |
| Oct 17, 25 | 5,915.43 | -797.35 | 5,118.08 | 0.13 |
| Nov 21, 25 | 48,268.64 | -40,123.45 | 8,145.19 | 0.83 |
| Dec 19, 25 | 7,769.84 | -4,895.65 | 2,874.19 | 0.63 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 7,766.03 | -9,478.91 | -1,712.88 | 1.22 |
| Dec 18, 26 | 42,739.69 | -395.29 | 42,344.4 | 0.01 |