Qudian Inc. (QD)
NYSE: QD
· Real-Time Price · USD
4.87
-0.15 (-2.99%)
At close: Aug 19, 2025, 3:59 PM
4.75
-2.36%
After-hours: Aug 19, 2025, 07:55 PM EDT
QD Delta Exposure By Expiry
The total Delta Exposure (DEX) for QD across all expirations shows 46,981.4 net shares that market makers must hedge, with 55,863.3 from calls and 8,881.9 from puts. The put-call delta ratio of 0.16 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Feb 20, 26 with 35,054.33 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.
QD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,426.44 | -6,837.64 | -5,411.2 | 4.79 |
| Oct 17, 25 | 1.61 | -1,569.38 | -1,567.77 | 974.77 |
| Nov 21, 25 | 19,144.57 | -238.53 | 18,906.04 | 0.01 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 35,290.68 | -236.35 | 35,054.33 | 0.01 |