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KLA Corporation KLAC

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
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Market dataready · fetched 2026-10-16T03:09:03.595Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-10-16

Calculation methodology

PriceAlpaca · sip · 2026-10-15T23:57:45.942929841Z

FundamentalsAlpha Vantage · quarter 2026-06-30 · fetched 2026-10-16T03:09:02.322993+00:00

Research2026-08-31 · 3 entries · 23 trades · 0 option records · 6747 price bars

Share price$173.24
1D-1.0%
AH$168$170$172$174$1765:30 AM6:30 AM9:00 AM1:00 PM2:00 PMKLAC
Sold putSold callAH

KLA Corporation options

Live interpolated KLAC call and put midpoint premiums by absolute delta.KLA Corporation$0.25$3.76$7.27$10.78$14.30$164.77$169.13$173.48$177.83$182.1920Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive KLAC spot · $173.24KLAC PRICE$0.82$1.12$1.41$1.73$2.04$2.61$3.28$3.92$4.34$4.76$6.11$8.21$13.28$0.63$0.80$1.04$1.30$1.56$1.83$2.16$2.48$2.81$3.11$3.37$3.63$3.89
PutsCheap0.62×
CallsExpensive1.35×
SkewBullish-40.61 pp
Implied moveBullish±$5.44
TiltBullish30.4% CALL
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ179.8282.1%4.3%168.6061.3%3.0%
25Δ178.6482.9%3.8%169.7958.0%2.5%
30Δ177.4683.6%3.2%170.5857.6%2.1%
35Δ176.3882.1%2.8%171.2857.9%1.9%
40Δ175.3080.6%2.4%171.9858.2%1.6%
45Δ174.3184.6%2.1%172.6758.2%1.4%
50Δ173.3590.9%2.0%173.3257.4%1.2%
55Δ172.4096.0%1.8%173.9756.6%1.0%
60Δ171.4291.6%1.5%174.6155.8%0.8%
65Δ170.4587.1%1.1%175.1953.9%0.7%
70Δ168.8496.7%1.0%175.6650.3%0.5%
75Δ166.64114.4%0.9%176.1246.7%0.4%
80Δ161.69170.2%1.0%176.5943.1%0.3%

20Δ

Calls
Pseudo strike
179.82
IV
82.1%
B/E move
4.3%
Puts
Pseudo strike
168.60
IV
61.3%
B/E move
3.0%

25Δ

Calls
Pseudo strike
178.64
IV
82.9%
B/E move
3.8%
Puts
Pseudo strike
169.79
IV
58.0%
B/E move
2.5%

30Δ

Calls
Pseudo strike
177.46
IV
83.6%
B/E move
3.2%
Puts
Pseudo strike
170.58
IV
57.6%
B/E move
2.1%

35Δ

Calls
Pseudo strike
176.38
IV
82.1%
B/E move
2.8%
Puts
Pseudo strike
171.28
IV
57.9%
B/E move
1.9%

40Δ

Calls
Pseudo strike
175.30
IV
80.6%
B/E move
2.4%
Puts
Pseudo strike
171.98
IV
58.2%
B/E move
1.6%

45Δ

Calls
Pseudo strike
174.31
IV
84.6%
B/E move
2.1%
Puts
Pseudo strike
172.67
IV
58.2%
B/E move
1.4%

50Δ

Calls
Pseudo strike
173.35
IV
90.9%
B/E move
2.0%
Puts
Pseudo strike
173.32
IV
57.4%
B/E move
1.2%

55Δ

Calls
Pseudo strike
172.40
IV
96.0%
B/E move
1.8%
Puts
Pseudo strike
173.97
IV
56.6%
B/E move
1.0%

60Δ

Calls
Pseudo strike
171.42
IV
91.6%
B/E move
1.5%
Puts
Pseudo strike
174.61
IV
55.8%
B/E move
0.8%

65Δ

Calls
Pseudo strike
170.45
IV
87.1%
B/E move
1.1%
Puts
Pseudo strike
175.19
IV
53.9%
B/E move
0.7%

70Δ

Calls
Pseudo strike
168.84
IV
96.7%
B/E move
1.0%
Puts
Pseudo strike
175.66
IV
50.3%
B/E move
0.5%

75Δ

Calls
Pseudo strike
166.64
IV
114.4%
B/E move
0.9%
Puts
Pseudo strike
176.12
IV
46.7%
B/E move
0.4%

80Δ

Calls
Pseudo strike
161.69
IV
170.2%
B/E move
1.0%
Puts
Pseudo strike
176.59
IV
43.1%
B/E move
0.3%

Company coverage

Moat

Wide

Dominates semiconductor process-control equipment with 50-60% global market share and 60%+ gross margins. KLA's tools are deeply integrated into chip fabrication — switching costs are prohibitive (customers would essentially need to rebuild factorie…

Physical assets

Moderate

Manufacturing and R&D facilities (Michigan HQ, Newport Wales complex, Chennai innovation hub). The real moat is IP, customer lock-in, and engineering talent — not the physical plants.

Software / hardware

Software35%
Hardware65%

Growth. 50-60% process control monopoly deepens as EUV and advanced packaging nodes demand exponentially more inspection, with 95%+ free cash flow conversion funding R&D reinvestment. Primary assets. Process control equipment IP (50-60% global share…

Latest entries
  1. manual · sw-hw

    Growth. 50-60% process control monopoly deepens as EUV and advanced packaging nodes demand exponentially more inspection, with 95%+ free cash flow conversion funding R&D reinvestment. Primary assets. Process control equipment IP…

  2. manual · physical-assets

    Manufacturing and R&D facilities (Michigan HQ, Newport Wales complex, Chennai innovation hub). The real moat is IP, customer lock-in, and engineering talent — not the physical plants.

  3. manual · moat

    Dominates semiconductor process-control equipment with 50-60% global market share and 60%+ gross margins. KLA's tools are deeply integrated into chip fabrication — switching costs are prohibitive (customers would essentially need…

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Notes

Full portfolio moat / asset analysis

Dominates semiconductor process-control equipment with 50-60% global market share and 60%+ gross margins. KLA's tools are deeply integrated into chip fabrication — switching costs are prohibitive (customers would essentially need to rebuild factories). 11% of revenue spent on R&D. 30%+ ROIC and 95%+ free cash flow conversion indicate extreme pricing power.…

Full portfolio moat / asset analysis

Manufacturing and R&D facilities (Michigan HQ, Newport Wales complex, Chennai innovation hub). The real moat is IP, customer lock-in, and engineering talent — not the physical plants.