Commvault Systems Inc. (CVLT)
NASDAQ: CVLT
· Real-Time Price · USD
180.03
-3.32 (-1.81%)
At close: Aug 15, 2025, 3:59 PM
180.02
-0.01%
After-hours: Aug 15, 2025, 07:02 PM EDT
CVLT Delta Exposure By Expiry
The total Delta Exposure (DEX) for CVLT across all expirations shows 45,712.24 net shares that market makers must hedge, with 143,671.87 from calls and 97,959.63 from puts. The put-call delta ratio of 0.68 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 26,406.56 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.
CVLT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 46,948.03 | -61,575.4 | -14,627.37 | 1.31 |
| Oct 17, 25 | 37,628.38 | -18,431.39 | 19,196.99 | 0.49 |
| Dec 19, 25 | 33,687.7 | -7,281.14 | 26,406.56 | 0.22 |
| Jan 16, 26 | 10,147.38 | -10,076.99 | 70.39 | 0.99 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Dec 18, 26 | 15,260.38 | -594.71 | 14,665.67 | 0.04 |