Qudian Inc. (QD)
NYSE: QD
· Real-Time Price · USD
4.67
0.43 (10.14%)
At close: Aug 15, 2025, 3:59 PM
4.61
-1.43%
After-hours: Aug 15, 2025, 07:07 PM EDT
QD Delta Exposure By Expiry
The total Delta Exposure (DEX) for QD across all expirations shows 44,517.01 net shares that market makers must hedge, with 45,035.84 from calls and 518.83 from puts. The put-call delta ratio of 0.01 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Feb 20, 26 with 28,883.3 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.
QD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 970.68 | -13.82 | 956.86 | 0.01 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 14,931.12 | -254.27 | 14,676.85 | 0.02 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 29,134.04 | -250.74 | 28,883.3 | 0.01 |