Canadian Natural Resource... (CNQ)
NYSE: CNQ
· Real-Time Price · USD
31.38
0.15 (0.48%)
At close: Sep 04, 2025, 3:59 PM
31.35
-0.09%
Pre-market: Sep 05, 2025, 07:31 AM EDT
CNQ Delta Exposure By Expiry
The total Delta Exposure (DEX) for CNQ across all expirations shows 558,797.52 net shares that market makers must hedge, with 1,377,472.61 from calls and 818,675.09 from puts. The put-call delta ratio of 0.59 suggests neutral market maker positioning.
CNQ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 4,503.82 | -4,194.52 | 309.3 | 0.93 |
| Sep 19, 25 | 273,508.99 | -25,477.82 | 248,031.17 | 0.09 |
| Sep 26, 25 | 3,608.06 | -1,233.73 | 2,374.33 | 0.34 |
| Oct 3, 25 | 2,239.55 | -977.22 | 1,262.33 | 0.44 |
| Oct 10, 25 | 1,168.69 | -36.4 | 1,132.29 | 0.03 |
| Oct 17, 25 | 18,169.01 | -3,817.45 | 14,351.56 | 0.21 |
| Oct 24, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 93,777.82 | -42,494.35 | 51,283.47 | 0.45 |
| Dec 19, 25 | 17,905.95 | -11,035.54 | 6,870.41 | 0.62 |
| Jan 16, 26 | 477,579.29 | -549,329.24 | -71,749.95 | 1.15 |
| Mar 20, 26 | 255,905.98 | -2,035.28 | 253,870.7 | 0.01 |
| Jun 18, 26 | 48,825.52 | -37,138.28 | 11,687.24 | 0.76 |
| Jan 15, 27 | 180,279.93 | -140,905.26 | 39,374.67 | 0.78 |