Chord Energy Corporation (CHRD)
NASDAQ: CHRD
· Real-Time Price · USD
102.85
1.52 (1.50%)
At close: Aug 14, 2025, 3:59 PM
102.81
-0.04%
Pre-market: Aug 15, 2025, 08:45 AM EDT
CHRD Delta Exposure By Expiry
The total Delta Exposure (DEX) for CHRD across all expirations shows -25,808.15 net shares that market makers must hedge, with 63,652.92 from calls and 89,461.07 from puts. The put-call delta ratio of 1.41 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Sep 19, 25 with -38,601.34 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CHRD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 20,267.42 | -58,868.76 | -38,601.34 | 2.90 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 28,129.75 | -23,061.24 | 5,068.51 | 0.82 |
| Jan 16, 26 | 8,659.52 | -2,654.13 | 6,005.39 | 0.31 |
| Mar 20, 26 | 706.91 | -108.62 | 598.29 | 0.15 |
| Dec 18, 26 | 5,889.32 | -4,768.32 | 1,121 | 0.81 |