Vulcan Materials (VMC)
NYSE: VMC
· Real-Time Price · USD
290.18
-1.44 (-0.49%)
At close: Aug 18, 2025, 3:59 PM
289.01
-0.40%
Pre-market: Aug 19, 2025, 05:19 AM EDT
VMC Delta Exposure By Expiry
The total Delta Exposure (DEX) for VMC across all expirations shows 84,786.96 net shares that market makers must hedge, with 239,698.37 from calls and 154,911.41 from puts. The put-call delta ratio of 0.65 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with -111,103.13 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
VMC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 26,142.07 | -5,915.49 | 20,226.58 | 0.23 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 92,942.32 | -7,907.38 | 85,034.94 | 0.09 |
| Dec 19, 25 | 98,536.86 | -7,908.29 | 90,628.57 | 0.08 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 22,077.12 | -133,180.25 | -111,103.13 | 6.03 |