Alkermes (ALKS)
NASDAQ: ALKS
· Real-Time Price · USD
29.06
0.80 (2.83%)
At close: Aug 15, 2025, 3:59 PM
29.20
0.48%
After-hours: Aug 15, 2025, 04:16 PM EDT
ALKS Delta Exposure By Expiry
The total Delta Exposure (DEX) for ALKS across all expirations shows 34,246.72 net shares that market makers must hedge, with 89,301.99 from calls and 55,055.27 from puts. The put-call delta ratio of 0.62 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 39,378.44 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 | 75,756.85 | -36,378.41 | 39,378.44 | 0.48 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 9,815.61 | -18,400.9 | -8,585.29 | 1.87 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 3,729.53 | -275.96 | 3,453.57 | 0.07 |