(QCLN)
NASDAQ: QCLN
· Real-Time Price · USD
36.35
-0.32 (-0.87%)
At close: Aug 21, 2025, 3:27 PM
QCLN Delta Exposure By Expiry
The total Delta Exposure (DEX) for QCLN across all expirations shows 1,877.49 net shares that market makers must hedge, with 2,186.67 from calls and 309.18 from puts. The put-call delta ratio of 0.14 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 1,332.14 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.
QCLN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,541.77 | -209.63 | 1,332.14 | 0.14 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 606.46 | -99.55 | 506.91 | 0.16 |
| Mar 20, 26 | 38.44 | 0 | 38.44 | 0.00 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |