CARGO Therapeutics Inc. C... (CRGX)
NASDAQ: CRGX
· Real-Time Price · USD
4.54
0.08 (1.79%)
At close: Aug 15, 2025, 3:59 PM
4.54
-0.11%
After-hours: Aug 15, 2025, 04:04 PM EDT
CRGX Delta Exposure By Expiry
The total Delta Exposure (DEX) for CRGX across all expirations shows -16,826.9 net shares that market makers must hedge, with 1,588.99 from calls and 18,415.89 from puts. The put-call delta ratio of 11.59 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Dec 19, 25 with -11,389.59 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
CRGX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,395.52 | -5,572.36 | -4,176.84 | 3.99 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 173.54 | -11,563.13 | -11,389.59 | 66.63 |
| Mar 20, 26 | 19.93 | -1,280.4 | -1,260.47 | 64.24 |