Sphere Entertainment Co. (SPHR)
NYSE: SPHR
· Real-Time Price · USD
45.31
-0.19 (-0.42%)
At close: Aug 29, 2025, 3:59 PM
45.15
-0.35%
Pre-market: Sep 02, 2025, 04:10 AM EDT
SPHR Delta Exposure By Expiry
The total Delta Exposure (DEX) for SPHR across all expirations shows 0 net shares that market makers must hedge, with 0 from calls and 0 from puts. The put-call delta ratio of n/a suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 0 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
SPHR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 0 | 0 | 0 | n/a |