Knight-Swift Transportati... (KNX)
NYSE: KNX
· Real-Time Price · USD
45.25
2.53 (5.92%)
At close: Aug 22, 2025, 11:17 AM
KNX Delta Exposure By Expiry
The total Delta Exposure (DEX) for KNX across all expirations shows 39,831.49 net shares that market makers must hedge, with 157,231.79 from calls and 117,400.3 from puts. The put-call delta ratio of 0.75 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 72,601.77 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.
KNX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 31,099.42 | -59,923.76 | -28,824.34 | 1.93 |
| Oct 17, 25 | 361.76 | 0 | 361.76 | 0.00 |
| Nov 21, 25 | 98,343.53 | -25,741.76 | 72,601.77 | 0.26 |
| Jan 16, 26 | 23,370.61 | -30,470.1 | -7,099.49 | 1.30 |
| Feb 20, 26 | 1,263.7 | -1,198.86 | 64.84 | 0.95 |
| Dec 18, 26 | 2,792.77 | -65.82 | 2,726.95 | 0.02 |