Cidara Therapeutics Inc. (CDTX)
NASDAQ: CDTX
· Real-Time Price · USD
65.38
1.83 (2.88%)
At close: Aug 15, 2025, 3:59 PM
66.25
1.33%
After-hours: Aug 15, 2025, 06:59 PM EDT
CDTX Delta Exposure By Expiry
The total Delta Exposure (DEX) for CDTX across all expirations shows 11,643.16 net shares that market makers must hedge, with 96,950.98 from calls and 85,307.82 from puts. The put-call delta ratio of 0.88 suggests neutral market maker positioning. The largest delta concentration at Feb 20, 26 with -55,978.93 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
CDTX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 29,070.04 | -15,823.66 | 13,246.38 | 0.54 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 56,619.01 | -2,243.3 | 54,375.71 | 0.04 |
| Feb 20, 26 | 11,261.93 | -67,240.86 | -55,978.93 | 5.97 |