ConocoPhillips (COP)
NYSE: COP
· Real-Time Price · USD
94.17
0.79 (0.85%)
At close: Oct 03, 2025, 3:59 PM
94.55
0.40%
After-hours: Oct 03, 2025, 07:49 PM EDT
COP Delta Exposure By Expiry
The total Delta Exposure (DEX) for COP across all expirations shows -679,991.86 net shares that market makers must hedge, with 3,729,931.3 from calls and 4,409,923.16 from puts. The put-call delta ratio of 1.18 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
COP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 68,740.02 | -141,946.59 | -73,206.57 | 2.06 |
| Oct 17, 25 | 577,441.64 | -802,730.24 | -225,288.6 | 1.39 |
| Oct 24, 25 | 67,646.05 | -44,551.76 | 23,094.29 | 0.66 |
| Oct 31, 25 | 31,710.43 | -9,940.8 | 21,769.63 | 0.31 |
| Nov 7, 25 | 9,170.18 | -9,924.95 | -754.77 | 1.08 |
| Nov 14, 25 | 162.24 | -5,606.69 | -5,444.45 | 34.56 |
| Nov 21, 25 | 555,832.57 | -451,921.12 | 103,911.45 | 0.81 |
| Dec 19, 25 | 258,423.31 | -95,390.6 | 163,032.71 | 0.37 |
| Jan 16, 26 | 1,038,112.66 | -1,454,907.58 | -416,794.92 | 1.40 |
| Feb 20, 26 | 148,218.28 | -95,899.5 | 52,318.78 | 0.65 |
| Mar 20, 26 | 153,344.85 | -162,865.16 | -9,520.31 | 1.06 |
| Apr 17, 26 | 9,505.1 | -1,830.96 | 7,674.14 | 0.19 |
| May 15, 26 | 9,689.15 | -10,690.51 | -1,001.36 | 1.10 |
| Jun 18, 26 | 251,342.06 | -292,252.68 | -40,910.62 | 1.16 |
| Sep 18, 26 | 66,618.46 | -53,817.23 | 12,801.23 | 0.81 |
| Dec 18, 26 | 121,237.9 | -272,630.5 | -151,392.6 | 2.25 |
| Jan 15, 27 | 247,252.38 | -420,865.68 | -173,613.3 | 1.70 |
| Dec 17, 27 | 80,847.73 | -72,058.71 | 8,789.02 | 0.89 |
| Jan 21, 28 | 34,636.29 | -10,091.9 | 24,544.39 | 0.29 |