Cipher Mining Inc. (CIFR)
NASDAQ: CIFR
· Real-Time Price · USD
5.21
-0.11 (-2.07%)
At close: Aug 15, 2025, 3:59 PM
5.25
0.77%
After-hours: Aug 15, 2025, 07:55 PM EDT
CIFR Delta Exposure By Expiry
The total Delta Exposure (DEX) for CIFR across all expirations shows 803,481.24 net shares that market makers must hedge, with 980,043.88 from calls and 176,562.64 from puts. The put-call delta ratio of 0.18 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 283,343.51 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CIFR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 11,725.35 | -15,044.44 | -3,319.09 | 1.28 |
| Aug 29, 25 | 10,254.88 | -11,244.43 | -989.55 | 1.10 |
| Sep 5, 25 | 11,922.02 | -5,662.6 | 6,259.42 | 0.47 |
| Sep 12, 25 | 3,872.03 | -7,662.3 | -3,790.27 | 1.98 |
| Sep 19, 25 | 167,205.12 | -31,808.4 | 135,396.72 | 0.19 |
| Sep 26, 25 | 5,556.29 | -6,872.56 | -1,316.27 | 1.24 |
| Oct 17, 25 | 143,800.06 | -15,194.23 | 128,605.83 | 0.11 |
| Dec 19, 25 | 125,737.52 | -17,532.85 | 108,204.67 | 0.14 |
| Jan 16, 26 | 319,652.19 | -36,308.68 | 283,343.51 | 0.11 |
| Mar 20, 26 | 32,540.32 | -15,998.89 | 16,541.43 | 0.49 |
| Jan 15, 27 | 147,778.1 | -13,233.26 | 134,544.84 | 0.09 |