Copart Inc. (CPRT)
NASDAQ: CPRT
· Real-Time Price · USD
48.39
-0.57 (-1.16%)
At close: Aug 25, 2025, 3:59 PM
48.82
0.89%
After-hours: Aug 25, 2025, 07:51 PM EDT
CPRT Delta Exposure By Expiry
The total Delta Exposure (DEX) for CPRT across all expirations shows 350,527.74 net shares that market makers must hedge, with 753,840.92 from calls and 403,313.18 from puts. The put-call delta ratio of 0.54 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 112,640.08 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.
CPRT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 242,052.99 | -201,275.2 | 40,777.79 | 0.83 |
| Oct 17, 25 | 27,404.66 | -20,733.95 | 6,670.71 | 0.76 |
| Nov 21, 25 | 53,820.7 | -26,134.75 | 27,685.95 | 0.49 |
| Dec 19, 25 | 80,839.35 | -33,669.23 | 47,170.12 | 0.42 |
| Jan 16, 26 | 113,973.54 | -75,489.87 | 38,483.67 | 0.66 |
| Feb 20, 26 | 11,582.01 | -3,347.97 | 8,234.04 | 0.29 |
| Mar 20, 26 | 36,312.76 | -12,277.76 | 24,035 | 0.34 |
| Jun 18, 26 | 27,144.81 | -10,543.78 | 16,601.03 | 0.39 |
| Sep 18, 26 | 33,724.63 | -5,495.28 | 28,229.35 | 0.16 |
| Jan 15, 27 | 126,985.47 | -14,345.39 | 112,640.08 | 0.11 |