Constellation Brands Inc. (STZ)
NYSE: STZ
· Real-Time Price · USD
139.25
-2.95 (-2.07%)
At close: Oct 06, 2025, 12:21 PM
STZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for STZ across all expirations shows -4,617,577.29 net shares that market makers must hedge, with 2,914,998.34 from calls and 7,532,575.63 from puts. The put-call delta ratio of 2.58 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
STZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 153,459.23 | -379,002.42 | -225,543.19 | 2.47 |
| Oct 17, 25 | 394,325.65 | -1,755,874.34 | -1,361,548.69 | 4.45 |
| Oct 24, 25 | 61,157.05 | -1,141,358.46 | -1,080,201.41 | 18.66 |
| Oct 31, 25 | 22,911.5 | -33,531.46 | -10,619.96 | 1.46 |
| Nov 7, 25 | 11,238.15 | -4,089.68 | 7,148.47 | 0.36 |
| Nov 14, 25 | 152.75 | -1,766.41 | -1,613.66 | 11.56 |
| Nov 21, 25 | 303,405.48 | -507,844.97 | -204,439.49 | 1.67 |
| Dec 19, 25 | 269,062.41 | -358,973.48 | -89,911.07 | 1.33 |
| Jan 16, 26 | 497,337.2 | -1,411,517.51 | -914,180.31 | 2.84 |
| Mar 20, 26 | 404,633.86 | -542,010.75 | -137,376.89 | 1.34 |
| Apr 17, 26 | 36,156.17 | -50,880.43 | -14,724.26 | 1.41 |
| Jun 18, 26 | 277,475.95 | -541,296.29 | -263,820.34 | 1.95 |
| Sep 18, 26 | 50,698.78 | -90,853.99 | -40,155.21 | 1.79 |
| Jan 15, 27 | 381,182.84 | -692,479.74 | -311,296.9 | 1.82 |
| Jan 21, 28 | 51,801.32 | -21,095.7 | 30,705.62 | 0.41 |