Vera Therapeutics Inc. (VERA)
NASDAQ: VERA
· Real-Time Price · USD
21.55
0.28 (1.32%)
At close: Aug 15, 2025, 3:59 PM
21.21
-1.58%
After-hours: Aug 15, 2025, 07:17 PM EDT
VERA Delta Exposure By Expiry
The total Delta Exposure (DEX) for VERA across all expirations shows 2,486.34 net shares that market makers must hedge, with 38,804.32 from calls and 36,317.98 from puts. The put-call delta ratio of 0.94 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with 16,779.23 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
VERA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 12,995.79 | -24,038.73 | -11,042.94 | 1.85 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 1,453.26 | -2,798.66 | -1,345.4 | 1.93 |
| Dec 19, 25 | 20,068.84 | -3,289.61 | 16,779.23 | 0.16 |
| Jan 16, 26 | 1,988.07 | -6,045.89 | -4,057.82 | 3.04 |
| Feb 20, 26 | 1,627.96 | -126.91 | 1,501.05 | 0.08 |
| Mar 20, 26 | 670.4 | -18.18 | 652.22 | 0.03 |