Zimmer Biomet Inc. (ZBH)
NYSE: ZBH
· Real-Time Price · USD
100.78
1.61 (1.62%)
At close: Oct 03, 2025, 3:59 PM
100.78
0.00%
After-hours: Oct 03, 2025, 06:00 PM EDT
ZBH Delta Exposure By Expiry
The total Delta Exposure (DEX) for ZBH across all expirations shows -20,611.08 net shares that market makers must hedge, with 148,083.07 from calls and 168,694.15 from puts. The put-call delta ratio of 1.14 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ZBH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 16,589.29 | -57,854.75 | -41,265.46 | 3.49 |
| Nov 21, 25 | 5,081.1 | -6,290.17 | -1,209.07 | 1.24 |
| Dec 19, 25 | 62,745.84 | -61,448.66 | 1,297.18 | 0.98 |
| Jan 16, 26 | 30,794.03 | -31,704.44 | -910.41 | 1.03 |
| Mar 20, 26 | 5,578.3 | -3,628.82 | 1,949.48 | 0.65 |
| Jun 18, 26 | 3,795 | -2,308.75 | 1,486.25 | 0.61 |
| Sep 18, 26 | 10,794.48 | -1,485.44 | 9,309.04 | 0.14 |
| Jan 15, 27 | 12,705.03 | -3,973.12 | 8,731.91 | 0.31 |