Chord Energy Corporation (CHRD)
NASDAQ: CHRD
· Real-Time Price · USD
101.93
-0.65 (-0.63%)
At close: Aug 21, 2025, 3:24 PM
CHRD Delta Exposure By Expiry
The total Delta Exposure (DEX) for CHRD across all expirations shows 5,369 net shares that market makers must hedge, with 86,683.17 from calls and 81,314.17 from puts. The put-call delta ratio of 0.94 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -14,173.74 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CHRD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 38,978.71 | -53,152.45 | -14,173.74 | 1.36 |
| Oct 17, 25 | 2,343.29 | -93.58 | 2,249.71 | 0.04 |
| Dec 19, 25 | 29,662.15 | -20,717.47 | 8,944.68 | 0.70 |
| Jan 16, 26 | 8,833.04 | -2,550.11 | 6,282.93 | 0.29 |
| Mar 20, 26 | 769.22 | -101.63 | 667.59 | 0.13 |
| Dec 18, 26 | 6,096.76 | -4,698.93 | 1,397.83 | 0.77 |