Alkermes (ALKS)
NASDAQ: ALKS
· Real-Time Price · USD
28.92
-1.08 (-3.60%)
At close: Sep 04, 2025, 3:59 PM
28.61
-1.07%
After-hours: Sep 04, 2025, 07:47 PM EDT
ALKS Delta Exposure By Expiry
The total Delta Exposure (DEX) for ALKS across all expirations shows 41,453.8 net shares that market makers must hedge, with 151,036.9 from calls and 109,583.1 from puts. The put-call delta ratio of 0.73 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 48,990.55 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
ALKS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 128,063.63 | -79,073.08 | 48,990.55 | 0.62 |
| Oct 17, 25 | 2,315.99 | -3,835.13 | -1,519.14 | 1.66 |
| Nov 21, 25 | 14,419.72 | -18,646 | -4,226.28 | 1.29 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 6,237.56 | -8,028.89 | -1,791.33 | 1.29 |