Ormat Technologies Inc.

NYSE: ORA · Real-Time Price · USD
88.35
-0.01 (-0.01%)
At close: Aug 15, 2025, 11:12 AM

ORA Daily Delta Exposure

ORA's current Delta Exposure (DEX) is 765.59K shares, which is 54% larger than the 3M average of 495.63K shares. During this period, DEX ranged from 13.44K on May 22, 2025 to 1.1M on Jul 22, 2025, with dealers maintaining net short exposure requiring continuous hedging. Delta exposure has been increasing recently, forcing increased dealer shorting that could cap rallies. The current put-call delta ratio of 0.21 shows bullish call positioning but leaves the market vulnerable to pullbacks. Moderate DEX levels suggest normal market maker hedging activity.

DEX History

Date Call Delta Put Delta Net Delta P/C Delta
Aug 14, 2025 967,295.85 -201,707.05 765,588.8 0.21
Aug 13, 2025 1,029,555.9 -190,145.04 839,410.86 0.18
Aug 12, 2025 987,755.11 -185,527.33 802,227.78 0.19

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