Ligand Pharmaceuticals (LGND)
NASDAQ: LGND
· Real-Time Price · USD
180.99
0.87 (0.48%)
At close: Oct 03, 2025, 3:59 PM
180.99
0.00%
After-hours: Oct 03, 2025, 04:38 PM EDT
LGND Delta Exposure By Expiry
The total Delta Exposure (DEX) for LGND across all expirations shows 50,488.76 net shares that market makers must hedge, with 59,739.33 from calls and 9,250.57 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.
LGND DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 1,950.21 | -1,075.26 | 874.95 | 0.55 |
| Nov 21, 25 | 21,165.12 | -3,976.62 | 17,188.5 | 0.19 |
| Feb 20, 26 | 35,623.5 | -4,172.72 | 31,450.78 | 0.12 |
| May 15, 26 | 1,000.5 | -25.97 | 974.53 | 0.03 |