Kodiak Gas Services Inc. (KGS)
NYSE: KGS
· Real-Time Price · USD
35.59
-0.20 (-0.56%)
At close: Sep 02, 2025, 3:59 PM
35.57
-0.06%
After-hours: Sep 02, 2025, 05:49 PM EDT
KGS Delta Exposure By Expiry
The total Delta Exposure (DEX) for KGS across all expirations shows 170,526.27 net shares that market makers must hedge, with 298,355.33 from calls and 127,829.06 from puts. The put-call delta ratio of 0.43 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 83,640.76 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.
KGS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 28,819.96 | -1,746.5 | 27,073.46 | 0.06 |
| Oct 17, 25 | 52,520.66 | -46,899.08 | 5,621.58 | 0.89 |
| Nov 21, 25 | 121,049.37 | -67,434.88 | 53,614.49 | 0.56 |
| Jan 16, 26 | 95,389.36 | -11,748.6 | 83,640.76 | 0.12 |
| Apr 17, 26 | 575.98 | 0 | 575.98 | 0.00 |