ConnectOne Bancorp Inc. (CNOB)
NASDAQ: CNOB
· Real-Time Price · USD
23.81
-0.57 (-2.34%)
At close: Aug 15, 2025, 2:18 PM
CNOB Delta Exposure By Expiry
The total Delta Exposure (DEX) for CNOB across all expirations shows 219.5 net shares that market makers must hedge, with 1,063.63 from calls and 844.13 from puts. The put-call delta ratio of 0.79 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 533.3 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
CNOB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 716.67 | -183.37 | 533.3 | 0.26 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 259.6 | -52.94 | 206.66 | 0.20 |
| Mar 20, 26 | 87.36 | -607.82 | -520.46 | 6.96 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |