Campbell Soup (CPB)
NASDAQ: CPB
· Real-Time Price · USD
32.49
0.09 (0.28%)
At close: Aug 15, 2025, 3:59 PM
32.51
0.05%
After-hours: Aug 15, 2025, 04:02 PM EDT
CPB Delta Exposure By Expiry
The total Delta Exposure (DEX) for CPB across all expirations shows 68,152.73 net shares that market makers must hedge, with 552,696.86 from calls and 484,544.13 from puts. The put-call delta ratio of 0.88 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 170,417.81 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.
CPB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 21,947.03 | -23,527.7 | -1,580.67 | 1.07 |
| Aug 29, 25 | 16,279.65 | -7,027.07 | 9,252.58 | 0.43 |
| Sep 5, 25 | 9,143.81 | -11,707.68 | -2,563.87 | 1.28 |
| Sep 12, 25 | 1,207.04 | -910.18 | 296.86 | 0.75 |
| Sep 19, 25 | 45,782.05 | -38,304.7 | 7,477.35 | 0.84 |
| Sep 26, 25 | 251.71 | -6,581.12 | -6,329.41 | 26.15 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 294,181.53 | -123,763.72 | 170,417.81 | 0.42 |
| Jan 16, 26 | 92,428.32 | -195,524.93 | -103,096.61 | 2.12 |
| Feb 20, 26 | 12,354.85 | -17,176.07 | -4,821.22 | 1.39 |
| Jun 18, 26 | 20,712.18 | -35,169.78 | -14,457.6 | 1.70 |
| Jan 15, 27 | 38,408.69 | -24,851.18 | 13,557.51 | 0.65 |