Appian Corporation (APPN)
NASDAQ: APPN
· Real-Time Price · USD
32.29
0.24 (0.75%)
At close: Sep 09, 2025, 12:21 PM
APPN Delta Exposure By Expiry
The total Delta Exposure (DEX) for APPN across all expirations shows -5,745.85 net shares that market makers must hedge, with 253,497.73 from calls and 259,243.58 from puts. The put-call delta ratio of 1.02 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
APPN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 89,826.44 | -33,981.19 | 55,845.25 | 0.38 |
| Oct 17, 25 | 121,066.56 | -11,803.3 | 109,263.26 | 0.10 |
| Nov 21, 25 | 20,198.52 | -209,349.59 | -189,151.07 | 10.36 |
| Jan 16, 26 | 16,615.2 | -3,175.24 | 13,439.96 | 0.19 |
| Feb 20, 26 | 5,791.01 | -934.26 | 4,856.75 | 0.16 |