Coya Therapeutics Inc. (COYA)
NASDAQ: COYA
· Real-Time Price · USD
6.73
0.23 (3.54%)
At close: Aug 26, 2025, 3:59 PM
6.50
-3.42%
After-hours: Aug 26, 2025, 07:14 PM EDT
COYA Delta Exposure By Expiry
The total Delta Exposure (DEX) for COYA across all expirations shows 269.41 net shares that market makers must hedge, with 271.85 from calls and 2.44 from puts. The put-call delta ratio of 0.01 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 149.64 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
COYA DEX Table
Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
---|---|---|---|---|
Sep 19, 25 | 150.73 | -1.09 | 149.64 | 0.01 |
Oct 17, 25 | 0 | 0 | 0 | n/a |
Nov 21, 25 | 0 | 0 | 0 | n/a |
Feb 20, 26 | 121.12 | -1.35 | 119.77 | 0.01 |