Kodiak Gas Services Inc. (KGS)
NYSE: KGS
· Real-Time Price · USD
35.14
0.24 (0.69%)
At close: Aug 14, 2025, 3:59 PM
35.25
0.31%
Pre-market: Aug 15, 2025, 08:39 AM EDT
KGS Delta Exposure By Expiry
The total Delta Exposure (DEX) for KGS across all expirations shows 92,336.84 net shares that market makers must hedge, with 199,490.82 from calls and 107,153.98 from puts. The put-call delta ratio of 0.54 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 34,808.82 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.
KGS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 35,086.54 | -277.72 | 34,808.82 | 0.01 |
| Oct 17, 25 | 6,350.78 | -875.45 | 5,475.33 | 0.14 |
| Nov 21, 25 | 121,854.68 | -92,781.84 | 29,072.84 | 0.76 |
| Jan 16, 26 | 36,198.82 | -13,218.97 | 22,979.85 | 0.37 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |