Lazard Ltd (LAZ)
NYSE: LAZ
· Real-Time Price · USD
53.96
0.23 (0.43%)
At close: Sep 26, 2025, 3:59 PM
53.96
0.00%
After-hours: Sep 26, 2025, 05:51 PM EDT
LAZ Delta Exposure By Expiry
The total Delta Exposure (DEX) for LAZ across all expirations shows 108,041.7 net shares that market makers must hedge, with 127,216.28 from calls and 19,174.58 from puts. The put-call delta ratio of 0.15 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
LAZ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 4,012.8 | -1,823.5 | 2,189.3 | 0.45 |
| Nov 21, 25 | 1,795.08 | -561.19 | 1,233.89 | 0.31 |
| Dec 19, 25 | 87,339.45 | -14,331.41 | 73,008.04 | 0.16 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 34,068.95 | -2,458.48 | 31,610.47 | 0.07 |