Align Technology Inc. (ALGN)
NASDAQ: ALGN
· Real-Time Price · USD
136.43
3.49 (2.63%)
At close: Sep 11, 2025, 2:06 PM
ALGN Delta Exposure By Expiry
The total Delta Exposure (DEX) for ALGN across all expirations shows -371,970.51 net shares that market makers must hedge, with 809,505.87 from calls and 1,181,476.38 from puts. The put-call delta ratio of 1.46 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
ALGN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 44,105.51 | -45,604.86 | -1,499.35 | 1.03 |
| Sep 19, 25 | 93,268.97 | -208,192 | -114,923.03 | 2.23 |
| Sep 26, 25 | 8,018.41 | -11,819.22 | -3,800.81 | 1.47 |
| Oct 3, 25 | 5,420.88 | -4,014.66 | 1,406.22 | 0.74 |
| Oct 10, 25 | 1,916.82 | -7,482.45 | -5,565.63 | 3.90 |
| Oct 17, 25 | 85,968.72 | -119,664.16 | -33,695.44 | 1.39 |
| Oct 24, 25 | 38,987.34 | -328.76 | 38,658.58 | 0.01 |
| Jan 16, 26 | 165,927.09 | -497,190.31 | -331,263.22 | 3.00 |
| Mar 20, 26 | 32,684.81 | -44,063.73 | -11,378.92 | 1.35 |
| Apr 17, 26 | 638.04 | -4,221.44 | -3,583.4 | 6.62 |
| Jun 18, 26 | 94,651.24 | -35,083.52 | 59,567.72 | 0.37 |
| Sep 18, 26 | 7,175.8 | -4,410.3 | 2,765.5 | 0.61 |
| Dec 18, 26 | 62,595.77 | -46,749.99 | 15,845.78 | 0.75 |
| Jan 15, 27 | 168,146.47 | -152,650.98 | 15,495.49 | 0.91 |