AppFolio Inc. (APPF)
NASDAQ: APPF
· Real-Time Price · USD
268.33
-1.60 (-0.59%)
At close: Aug 20, 2025, 10:23 AM
APPF Delta Exposure By Expiry
The total Delta Exposure (DEX) for APPF across all expirations shows 133,071.01 net shares that market makers must hedge, with 234,224.1 from calls and 101,153.09 from puts. The put-call delta ratio of 0.43 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 80,496.85 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
APPF DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 14,487.71 | -43,481.69 | -28,993.98 | 3.00 |
| Oct 17, 25 | 106,901.49 | -26,404.64 | 80,496.85 | 0.25 |
| Jan 16, 26 | 87,567.61 | -31,252.05 | 56,315.56 | 0.36 |
| Feb 20, 26 | 14,453.19 | -5.07 | 14,448.12 | 0.00 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| May 15, 26 | 10,814.1 | -9.64 | 10,804.46 | 0.00 |