CyberArk Software Ltd. (CYBR)
NASDAQ: CYBR
· Real-Time Price · USD
423.66
9.13 (2.20%)
At close: Aug 15, 2025, 3:59 PM
423.00
-0.16%
After-hours: Aug 15, 2025, 05:51 PM EDT
CYBR Delta Exposure By Expiry
The total Delta Exposure (DEX) for CYBR across all expirations shows 845,287.2 net shares that market makers must hedge, with 1,176,739.91 from calls and 331,452.71 from puts. The put-call delta ratio of 0.28 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 329,114.88 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.
CYBR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 209,851.04 | -111,539.96 | 98,311.08 | 0.53 |
| Oct 17, 25 | 206,453.42 | -37,230.92 | 169,222.5 | 0.18 |
| Nov 21, 25 | 80,605.07 | -20,605.3 | 59,999.77 | 0.26 |
| Dec 19, 25 | 384,515.04 | -55,400.16 | 329,114.88 | 0.14 |
| Jan 16, 26 | 119,868.22 | -58,953.79 | 60,914.43 | 0.49 |
| Mar 20, 26 | 73,409.76 | -29,537.88 | 43,871.88 | 0.40 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 21,277.08 | -342.36 | 20,934.72 | 0.02 |
| Dec 18, 26 | 80,760.28 | -17,842.34 | 62,917.94 | 0.22 |