Corpay Inc. (CPAY)
NYSE: CPAY
· Real-Time Price · USD
316.92
-0.74 (-0.23%)
At close: Aug 18, 2025, 3:59 PM
316.50
-0.13%
After-hours: Aug 18, 2025, 05:41 PM EDT
CPAY Delta Exposure By Expiry
The total Delta Exposure (DEX) for CPAY across all expirations shows 9,920.14 net shares that market makers must hedge, with 39,922.39 from calls and 30,002.25 from puts. The put-call delta ratio of 0.75 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with 7,155.35 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.
CPAY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 11,411.52 | -16,798.46 | -5,386.94 | 1.47 |
| Oct 17, 25 | 602.93 | -593.72 | 9.21 | 0.98 |
| Nov 21, 25 | 6,732.57 | -3,301.18 | 3,431.39 | 0.49 |
| Feb 20, 26 | 7,591.93 | -436.58 | 7,155.35 | 0.06 |
| Jan 15, 27 | 13,583.44 | -8,872.31 | 4,711.13 | 0.65 |