APA Corporation (APA)
NASDAQ: APA
· Real-Time Price · USD
24.69
0.35 (1.44%)
At close: Sep 26, 2025, 3:59 PM
24.72
0.12%
After-hours: Sep 26, 2025, 07:50 PM EDT
APA Delta Exposure By Expiry
The total Delta Exposure (DEX) for APA across all expirations shows 1,644,436.77 net shares that market makers must hedge, with 2,030,156.45 from calls and 385,719.68 from puts. The put-call delta ratio of 0.19 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
APA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 3, 25 | 40,095.9 | -8,570.59 | 31,525.31 | 0.21 |
| Oct 10, 25 | 23,173.99 | -7,513.03 | 15,660.96 | 0.32 |
| Oct 17, 25 | 308,146.9 | -75,613.3 | 232,533.6 | 0.25 |
| Oct 24, 25 | 34,407.43 | -10,994.45 | 23,412.98 | 0.32 |
| Oct 31, 25 | 37,174.83 | -6,583.28 | 30,591.55 | 0.18 |
| Nov 7, 25 | 2,118.11 | -1,212.77 | 905.34 | 0.57 |
| Nov 21, 25 | 28,647.93 | -1,655.24 | 26,992.69 | 0.06 |
| Jan 16, 26 | 433,105.47 | -147,958.95 | 285,146.52 | 0.34 |
| Mar 20, 26 | 159,212.2 | -24,949.18 | 134,263.02 | 0.16 |
| Apr 17, 26 | 10,003.11 | -1,946.88 | 8,056.23 | 0.19 |
| Jun 18, 26 | 192,776.51 | -34,514.97 | 158,261.54 | 0.18 |
| Sep 18, 26 | 3,046.35 | -889.8 | 2,156.55 | 0.29 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 755,285.62 | -62,359.59 | 692,926.03 | 0.08 |
| Jan 21, 28 | 2,962.1 | -957.65 | 2,004.45 | 0.32 |