Costco Wholesale Corporat... (COST)
NASDAQ: COST
· Real-Time Price · USD
969.68
-24.89 (-2.50%)
At close: Aug 21, 2025, 3:59 PM
970.21
0.05%
After-hours: Aug 21, 2025, 07:58 PM EDT
COST Delta Exposure By Expiry
The total Delta Exposure (DEX) for COST across all expirations shows 12,840,719.03 net shares that market makers must hedge, with 34,136,184.03 from calls and 21,295,465 from puts. The put-call delta ratio of 0.62 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 4,120,476.47 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
COST DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 1,714,004.84 | -1,235,368.05 | 478,636.79 | 0.72 |
| Sep 5, 25 | 636,493.28 | -530,865.19 | 105,628.09 | 0.83 |
| Sep 12, 25 | 280,220.94 | -230,328.67 | 49,892.27 | 0.82 |
| Sep 19, 25 | 7,299,062.86 | -4,928,440.78 | 2,370,622.08 | 0.68 |
| Sep 26, 25 | 416,718.72 | -301,303.63 | 115,415.09 | 0.72 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 4,069,126.98 | -3,404,912.82 | 664,214.16 | 0.84 |
| Dec 19, 25 | 1,079,532.22 | -640,149.95 | 439,382.27 | 0.59 |
| Jan 16, 26 | 9,720,647.02 | -5,600,170.55 | 4,120,476.47 | 0.58 |
| Mar 20, 26 | 1,328,405.47 | -949,414.63 | 378,990.84 | 0.71 |
| Apr 17, 26 | 14,744.95 | -11,639.06 | 3,105.89 | 0.79 |
| May 15, 26 | 221,592.17 | -109,453.44 | 112,138.73 | 0.49 |
| Jun 18, 26 | 1,622,226.18 | -765,633.42 | 856,592.76 | 0.47 |
| Aug 21, 26 | 52,973.91 | -18,209.23 | 34,764.68 | 0.34 |
| Sep 18, 26 | 896,219.79 | -329,000.22 | 567,219.57 | 0.37 |
| Dec 18, 26 | 1,454,197.82 | -507,879.2 | 946,318.62 | 0.35 |
| Jan 15, 27 | 3,330,016.88 | -1,732,696.16 | 1,597,320.72 | 0.52 |