Four Corners Property Tru... (FCPT)
NYSE: FCPT
· Real-Time Price · USD
25.38
0.00 (0.00%)
At close: Aug 15, 2025, 3:59 PM
25.43
0.20%
After-hours: Aug 15, 2025, 05:51 PM EDT
FCPT Delta Exposure By Expiry
The total Delta Exposure (DEX) for FCPT across all expirations shows 340.15 net shares that market makers must hedge, with 849.02 from calls and 508.87 from puts. The put-call delta ratio of 0.60 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 407.46 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.
FCPT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 649.18 | -241.72 | 407.46 | 0.37 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 154.64 | -168.05 | -13.41 | 1.09 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 45.2 | -99.1 | -53.9 | 2.19 |