Danaos Corporation (DAC)
NYSE: DAC
· Real-Time Price · USD
93.44
0.76 (0.82%)
At close: Aug 22, 2025, 3:59 PM
93.55
0.12%
After-hours: Aug 22, 2025, 05:29 PM EDT
DAC Delta Exposure By Expiry
The total Delta Exposure (DEX) for DAC across all expirations shows 69,115.14 net shares that market makers must hedge, with 79,677.07 from calls and 10,561.93 from puts. The put-call delta ratio of 0.13 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 31,389.91 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.
DAC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 13,449.09 | -1,653.25 | 11,795.84 | 0.12 |
| Oct 17, 25 | 14,770.09 | -955.48 | 13,814.61 | 0.06 |
| Dec 19, 25 | 35,372.3 | -3,982.39 | 31,389.91 | 0.11 |
| Jan 16, 26 | 15,630.23 | -3,943.27 | 11,686.96 | 0.25 |
| Apr 17, 26 | 455.36 | -27.54 | 427.82 | 0.06 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |