Corcept Therapeutics (CORT)
NASDAQ: CORT
· Real-Time Price · USD
71.72
-0.28 (-0.39%)
At close: Aug 15, 2025, 3:59 PM
71.75
0.03%
After-hours: Aug 15, 2025, 04:54 PM EDT
CORT Delta Exposure By Expiry
The total Delta Exposure (DEX) for CORT across all expirations shows 142,103.11 net shares that market makers must hedge, with 235,207.15 from calls and 93,104.04 from puts. The put-call delta ratio of 0.40 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 100,073.88 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CORT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 8,207.62 | -19,260.41 | -11,052.79 | 2.35 |
| Oct 17, 25 | 567.69 | 0 | 567.69 | 0.00 |
| Nov 21, 25 | 30,209.69 | -18,109.48 | 12,100.21 | 0.60 |
| Jan 16, 26 | 148,149.76 | -48,075.88 | 100,073.88 | 0.32 |
| Feb 20, 26 | 5,977.17 | -66.93 | 5,910.24 | 0.01 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 42,095.22 | -7,591.34 | 34,503.88 | 0.18 |