scPharmaceuticals Inc. (SCPH)
NASDAQ: SCPH
· Real-Time Price · USD
4.42
-0.04 (-0.90%)
At close: Aug 20, 2025, 10:27 AM
SCPH Delta Exposure By Expiry
The total Delta Exposure (DEX) for SCPH across all expirations shows 32,631.55 net shares that market makers must hedge, with 32,776.33 from calls and 144.78 from puts. The put-call delta ratio of 0.00 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Nov 21, 25 with 32,194.09 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.
SCPH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 69.94 | -7.91 | 62.03 | 0.11 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 32,310.35 | -116.26 | 32,194.09 | 0.00 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 396.04 | -20.61 | 375.43 | 0.05 |