What is Delta in Next Expiration? Delta in Next Expiration is the estimated amount of total delta for all options in the underlying that is set to expire at the next options expiration. Why does Delta in Next Expiration matter? Stocks with a large delta position indicate that options market makers have a large hedge in place. How to use Delta in Next Expiration When a large amount of delta expires (generally >25%) then the underlying stock may reverse its previous trend. Related articles What is Highest Delta Expiration Date? What is Highest Gamma Expiration Date? What is Gamma in Next Expiration? What is Delta Profile? What is Gamma, Market Gamma and/or Total Market Gamma?
