Capital Southwest Corpora... (CSWC)
NASDAQ: CSWC
· Real-Time Price · USD
22.46
-0.38 (-1.66%)
At close: Aug 15, 2025, 3:59 PM
22.63
0.76%
After-hours: Aug 15, 2025, 06:07 PM EDT
CSWC Delta Exposure By Expiry
The total Delta Exposure (DEX) for CSWC across all expirations shows 6,844.44 net shares that market makers must hedge, with 41,302.93 from calls and 34,458.49 from puts. The put-call delta ratio of 0.83 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 12,706.77 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.
CSWC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 10,897.54 | -22,747.58 | -11,850.04 | 2.09 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 22,866.49 | -10,159.72 | 12,706.77 | 0.44 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 7,538.9 | -1,551.19 | 5,987.71 | 0.21 |