Sinclair Inc. (SBGI)
NASDAQ: SBGI
· Real-Time Price · USD
14.36
0.43 (3.09%)
At close: Aug 22, 2025, 3:59 PM
14.36
0.00%
After-hours: Aug 22, 2025, 04:10 PM EDT
SBGI Delta Exposure By Expiry
The total Delta Exposure (DEX) for SBGI across all expirations shows 16,323.75 net shares that market makers must hedge, with 42,422.6 from calls and 26,098.85 from puts. The put-call delta ratio of 0.62 suggests neutral market maker positioning. The largest delta concentration at Mar 20, 26 with 7,125.84 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.
SBGI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 10,540.16 | -6,630.44 | 3,909.72 | 0.63 |
| Oct 17, 25 | 3,386.55 | -378.17 | 3,008.38 | 0.11 |
| Dec 19, 25 | 21,240.33 | -18,960.52 | 2,279.81 | 0.89 |
| Mar 20, 26 | 7,255.56 | -129.72 | 7,125.84 | 0.02 |