Copa S.A. (CPA)
NYSE: CPA
· Real-Time Price · USD
117.65
0.29 (0.25%)
At close: Sep 26, 2025, 3:59 PM
117.76
0.09%
Pre-market: Sep 29, 2025, 05:28 AM EDT
CPA Delta Exposure By Expiry
The total Delta Exposure (DEX) for CPA across all expirations shows 47,987.84 net shares that market makers must hedge, with 186,550.75 from calls and 138,562.91 from puts. The put-call delta ratio of 0.74 suggests neutral market maker positioning.
CPA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 11,943.7 | -5,601.81 | 6,341.89 | 0.47 |
| Nov 21, 25 | 127,956.18 | -104,141.96 | 23,814.22 | 0.81 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 30,566.67 | -27,695.05 | 2,871.62 | 0.91 |
| May 15, 26 | 4,270.88 | -786.1 | 3,484.78 | 0.18 |
| Dec 18, 26 | 11,813.32 | -337.99 | 11,475.33 | 0.03 |