KLA Corporation (KLAC)
NASDAQ: KLAC
· Real-Time Price · USD
874.62
-80.79 (-8.46%)
At close: Aug 15, 2025, 3:59 PM
875.00
0.04%
After-hours: Aug 15, 2025, 07:58 PM EDT
KLAC Delta Exposure By Expiry
The total Delta Exposure (DEX) for KLAC across all expirations shows 593,572.91 net shares that market makers must hedge, with 4,000,084.77 from calls and 3,406,511.86 from puts. The put-call delta ratio of 0.85 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 699,440.98 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.
KLAC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,268,034.8 | -1,006,764.35 | 261,270.45 | 0.79 |
| Oct 17, 25 | 23,349.25 | -21,180.82 | 2,168.43 | 0.91 |
| Nov 21, 25 | 4,584.76 | -511,833.77 | -507,249.01 | 111.64 |
| Dec 19, 25 | 307,640.9 | -325,756.79 | -18,115.89 | 1.06 |
| Jan 16, 26 | 1,328,047.03 | -628,606.05 | 699,440.98 | 0.47 |
| Mar 20, 26 | 420,752.02 | -593,785.17 | -173,033.15 | 1.41 |
| Jun 18, 26 | 182,966.23 | -140,751.08 | 42,215.15 | 0.77 |
| Sep 18, 26 | 32,892.25 | -31,043.68 | 1,848.57 | 0.94 |
| Jan 15, 27 | 431,817.53 | -146,790.15 | 285,027.38 | 0.34 |