HighPeak Energy Inc. (HPK)
NASDAQ: HPK
· Real-Time Price · USD
7.51
0.08 (1.01%)
At close: Aug 14, 2025, 3:59 PM
7.52
0.13%
Pre-market: Aug 15, 2025, 08:45 AM EDT
HPK Delta Exposure By Expiry
The total Delta Exposure (DEX) for HPK across all expirations shows 305.98 net shares that market makers must hedge, with 4,636.94 from calls and 4,330.96 from puts. The put-call delta ratio of 0.93 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with -970.1 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.
HPK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 712.7 | -1,682.8 | -970.1 | 2.36 |
| Oct 17, 25 | 2,624.29 | -1,866.93 | 757.36 | 0.71 |
| Nov 21, 25 | 543.53 | -559.36 | -15.83 | 1.03 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 756.42 | -221.87 | 534.55 | 0.29 |