(KNGZ)
NASDAQ: KNGZ
· Real-Time Price · USD
35.50
0.33 (0.94%)
At close: Sep 04, 2025, 3:57 PM
35.44
-0.17%
After-hours: Sep 04, 2025, 04:04 PM EDT
KNGZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for KNGZ across all expirations shows 701.31 net shares that market makers must hedge, with 780.43 from calls and 79.12 from puts. The put-call delta ratio of 0.10 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 449.62 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.
KNGZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 463.55 | -13.93 | 449.62 | 0.03 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 217.27 | -65.19 | 152.08 | 0.30 |
| Mar 20, 26 | 99.61 | 0 | 99.61 | 0.00 |