What are the CPF aggregate Greek exposures?

As of Jun 30, 2026, Central Pacific Financial Corp. (CPF) snapshot Greeks are net delta -$2.1M, net gamma $44.8K, net vega -$2.8K. These aggregate the dealer book across all listed strikes and expirations under the standard customer-versus-dealer sign convention.

What does the CPF net dealer delta tell us?

Net dealer delta of -$2.1M represents the directional exposure dealers carry from their option inventory. Dealers continuously hedge this exposure with stock, futures, or correlated instruments, so the size of net delta is also the size of hedge flow that will execute as spot moves.

How do CPF Greeks inform hedging?

Delta tracks first-order directional exposure; gamma tracks how quickly delta changes; vega tracks IV sensitivity. Aggregated dealer Greeks let traders read the dealer-positioning regime: long-gamma regimes mean-revert moves; short-gamma regimes amplify them. Vega exposure indicates how dealer P&L responds to vol shocks and hence the direction of vol-shock hedging flows.

Central Pacific Financial Corp. (CPF) Options Greeks

Options Greeks measure sensitivity to various factors: Delta (price), Gamma (delta change), Theta (time decay), and Vega (volatility). They are essential for risk management and position sizing.

Central Pacific Financial Corp. (CPF) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $987.9M, listed on NYSE, employing roughly 697 people, carrying a beta of 0.85 to the broader market. Central Pacific Financial Corporation functions as the parent company of Central Pacific Bank, delivering a comprehensive suite of commercial banking services and financial solutions. Led by Arnold D. Martines, public since 1987-08-28.

Snapshot as of Jun 30, 2026.

Spot Price: $37.91
Net Gamma: $44.8K
Net Delta: -$2.1M
Net Vega: -$2.8K
ATM IV: 54.9%
Gamma Concentration: 0.34

As of Jun 30, 2026, Central Pacific Financial Corp. (CPF) aggregate Greeks are net delta -$2.1M, net gamma $44.8K, net vega -$2.8K, ATM IV 54.9%. Gamma concentration is 0.34: gamma is more dispersed, reducing any single-strike pinning force. Delta measures directional exposure, gamma measures the rate of delta change, and vega measures sensitivity to implied volatility. Net aggregate Greeks summarize the total dealer book across all strikes and expirations.

How CPF options greeks Data Feeds Strategy Selection

Strategy selection on Central Pacific Financial Corp. options does not derive from any single metric in isolation. The options greeks view above sits inside a broader read: ATM IV currently sits at 54.9% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options greeks data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the CPF Greeks profile

The chart above shows per-strike dealer-Greek exposures aggregated across calls and puts for the front expiration. Current net dealer gamma is $44.8K - a positive (mean-reverting) hedging regime. Net dealer delta of -$2.1M indicates short-delta dealer book - dealers are net short the underlying. Net vega of -$2.8K measures dealer P&L sensitivity to IV shifts - a 1-point IV move shifts book value by approximately $2.8K.

CPF Greeks regime and dealer hedging

Aggregate dealer Greeks compress 4 sensitivities (delta, gamma, theta, vega) into a single read on hedging behavior. In the current positive-gamma regime, dealer hedging is structurally mean-reverting: as CPF moves higher, dealers sell into rallies; as it moves lower, dealers buy into dips. This is the mechanical basis for the "pin to max pain" pattern. Gamma decays as expiration approaches; near-dated Greek exposures dominate the hedging flow.

Using CPF Greeks data for strategy selection

The Greeks profile is the input to most quantitative options strategies. Premium-selling structures (covered calls, iron condors, cash-secured puts) are negative-gamma, positive-theta, negative-vega - they pay you for being patient about realized volatility but get hit when realized exceeds implied. Premium-buying structures (long calls, long puts, long straddles, ratio backspreads) are positive-gamma, negative-theta, positive-vega - they pay you when realized exceeds implied but bleed time decay otherwise. With CPF IV rank at 19.2%, premium-buying has structural tailwind from cheap implied; pair with a directional thesis or event catalyst. Combine the regime read with the Greeks decomposition on this page to size structures correctly.

Learn how options Greeks is reported and how to read the data →

Frequently asked CPF options greeks questions

What are the CPF aggregate Greek exposures?: As of Jun 30, 2026, Central Pacific Financial Corp. (CPF) snapshot Greeks are net delta -$2.1M, net gamma $44.8K, net vega -$2.8K. These aggregate the dealer book across all listed strikes and expirations under the standard customer-versus-dealer sign convention.
What does the CPF net dealer delta tell us?: Net dealer delta of -$2.1M represents the directional exposure dealers carry from their option inventory. Dealers continuously hedge this exposure with stock, futures, or correlated instruments, so the size of net delta is also the size of hedge flow that will execute as spot moves.
How do CPF Greeks inform hedging?: Delta tracks first-order directional exposure; gamma tracks how quickly delta changes; vega tracks IV sensitivity. Aggregated dealer Greeks let traders read the dealer-positioning regime: long-gamma regimes mean-revert moves; short-gamma regimes amplify them. Vega exposure indicates how dealer P&L responds to vol shocks and hence the direction of vol-shock hedging flows.