Southern First Bancshares... (SFST)
NASDAQ: SFST
· Real-Time Price · USD
43.31
1.86 (4.49%)
At close: Aug 19, 2025, 9:45 AM
SFST Delta Exposure By Expiry
The total Delta Exposure (DEX) for SFST across all expirations shows 180.21 net shares that market makers must hedge, with 562.06 from calls and 381.85 from puts. The put-call delta ratio of 0.68 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 202.17 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.
SFST DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | -51.25 | -51.25 | n/a |
| Oct 17, 25 | 497.76 | -295.59 | 202.17 | 0.59 |
| Jan 16, 26 | 64.3 | -35.01 | 29.29 | 0.54 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |