Red Cat Inc. (RCAT)
NASDAQ: RCAT
· Real-Time Price · USD
9.37
-0.02 (-0.21%)
At close: Aug 14, 2025, 3:59 PM
8.44
-9.94%
Pre-market: Aug 15, 2025, 08:46 AM EDT
RCAT Delta Exposure By Expiry
The total Delta Exposure (DEX) for RCAT across all expirations shows 467,091.57 net shares that market makers must hedge, with 539,220.34 from calls and 72,128.77 from puts. The put-call delta ratio of 0.13 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 181,067.35 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
RCAT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 40,597.11 | -10,359.84 | 30,237.27 | 0.26 |
| Aug 29, 25 | 20,937.41 | -8,411.97 | 12,525.44 | 0.40 |
| Sep 5, 25 | 9,295.16 | -1,621.15 | 7,674.01 | 0.17 |
| Sep 12, 25 | 1,888.76 | -3,058.79 | -1,170.03 | 1.62 |
| Sep 19, 25 | 18,859.87 | -6,220.56 | 12,639.31 | 0.33 |
| Sep 26, 25 | 1,340.65 | -230.67 | 1,109.98 | 0.17 |
| Oct 17, 25 | 123,938.25 | -19,028.24 | 104,910.01 | 0.15 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 198,182.51 | -17,115.16 | 181,067.35 | 0.09 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 124,180.62 | -6,082.39 | 118,098.23 | 0.05 |