Alcon Inc. (ALC)
NYSE: ALC
· Real-Time Price · USD
79.77
-0.40 (-0.50%)
At close: Sep 08, 2025, 3:13 PM
ALC Delta Exposure By Expiry
The total Delta Exposure (DEX) for ALC across all expirations shows -236,542.65 net shares that market makers must hedge, with 255,232.59 from calls and 491,775.24 from puts. The put-call delta ratio of 1.93 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 |
|---|---|---|---|---|
| Sep 19, 25 | 70,074.99 | -324,150.33 | -254,075.34 | 4.63 |
| Oct 17, 25 | 10,145.14 | -6,072.19 | 4,072.95 | 0.60 |
| Nov 21, 25 | 145,868.65 | -139,682.27 | 6,186.38 | 0.96 |
| Jan 16, 26 | 181.5 | 0 | 181.5 | 0.00 |
| Feb 20, 26 | 28,962.31 | -21,870.45 | 7,091.86 | 0.76 |