GraniteShares 2x Long COI... (CONL)
NASDAQ: CONL
· Real-Time Price · USD
34.86
3.96 (12.82%)
At close: Aug 22, 2025, 11:43 AM
CONL Delta Exposure By Expiry
The total Delta Exposure (DEX) for CONL across all expirations shows 344,659.46 net shares that market makers must hedge, with 573,623.06 from calls and 228,963.6 from puts. The put-call delta ratio of 0.40 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 165,748.63 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CONL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 13,196.19 | -18,892.94 | -5,696.75 | 1.43 |
| Sep 5, 25 | 9,842.19 | -9,064.2 | 777.99 | 0.92 |
| Sep 12, 25 | 3,068.37 | -6,195.18 | -3,126.81 | 2.02 |
| Sep 19, 25 | 158,319.39 | -124,988.75 | 33,330.64 | 0.79 |
| Sep 26, 25 | 7,439.97 | -2,631.42 | 4,808.55 | 0.35 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 3,550.53 | -2,010.8 | 1,539.73 | 0.57 |
| Dec 19, 25 | 190,940.64 | -25,192.01 | 165,748.63 | 0.13 |
| Jan 16, 26 | 105,514.44 | -23,338.3 | 82,176.14 | 0.22 |
| Mar 20, 26 | 4,545.69 | -1,344.94 | 3,200.75 | 0.30 |
| Jun 18, 26 | 22,528.01 | -5,767.55 | 16,760.46 | 0.26 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 54,677.64 | -9,537.51 | 45,140.13 | 0.17 |