Alcon Inc. (ALC)
NYSE: ALC
· Real-Time Price · USD
77.39
2.28 (3.04%)
At close: Oct 03, 2025, 3:59 PM
77.65
0.34%
After-hours: Oct 03, 2025, 07:49 PM EDT
ALC Delta Exposure By Expiry
The total Delta Exposure (DEX) for ALC across all expirations shows -146,076.41 net shares that market makers must hedge, with 219,799.46 from calls and 365,875.87 from puts. The put-call delta ratio of 1.66 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ALC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 27,109.13 | -138,587.65 | -111,478.52 | 5.11 |
| Nov 21, 25 | 139,964.86 | -159,526.45 | -19,561.59 | 1.14 |
| Jan 16, 26 | 181.5 | 0 | 181.5 | 0.00 |
| Feb 20, 26 | 34,524.67 | -35,343.19 | -818.52 | 1.02 |
| Mar 20, 26 | 3,449.77 | -8,175.45 | -4,725.68 | 2.37 |
| May 15, 26 | 0 | -12.12 | -12.12 | n/a |
| Jun 18, 26 | 1,034.6 | -3,554.37 | -2,519.77 | 3.44 |
| Dec 18, 26 | 530.27 | -5,785.33 | -5,255.06 | 10.91 |
| Jan 15, 27 | 1,035.68 | -1,025.74 | 9.94 | 0.99 |
| Jun 17, 27 | 3,366.99 | -10,027.92 | -6,660.93 | 2.98 |
| Dec 17, 27 | 2,078.86 | -3,660.51 | -1,581.65 | 1.76 |
| Jan 21, 28 | 6,523.13 | -177.14 | 6,345.99 | 0.03 |