Cumberland Pharmaceutical... (CPIX)
NASDAQ: CPIX
· Real-Time Price · USD
3.13
0.06 (1.95%)
At close: Aug 19, 2025, 3:59 PM
3.14
0.16%
After-hours: Aug 19, 2025, 06:45 PM EDT
CPIX Delta Exposure By Expiry
The total Delta Exposure (DEX) for CPIX across all expirations shows 888.56 net shares that market makers must hedge, with 1,852.64 from calls and 964.08 from puts. The put-call delta ratio of 0.52 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 736.37 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.
CPIX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 4.25 | -2.86 | 1.39 | 0.67 |
| Oct 17, 25 | 335.23 | -184.43 | 150.8 | 0.55 |
| Jan 16, 26 | 1,513.16 | -776.79 | 736.37 | 0.51 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Dec 18, 26 | 0 | 0 | 0 | n/a |