Ligand Pharmaceuticals (LGND) Gamma Exposure by Expiry | GEX Expiration Analysis - Stocknear

Ligand Pharmaceuticals

NASDAQ: LGND · Real-Time Price · USD
165.97
0.56 (0.34%)
At close: Sep 10, 2025, 3:59 PM
163.00
-1.79%
After-hours: Sep 10, 2025, 05:56 PM EDT

LGND Gamma Exposure By Expiry

The total Gamma Exposure (GEX) for LGND across all expirations is 389.61 shares per 1% move, with 694.46 from calls and 304.85 from puts. The put-call GEX ratio of 0.44 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.

LGND GEX Table

Expiry Date Call GEX Put GEX Net GEX P/C GEX
Sep 19, 25 80.36 -39.45 40.91 0.49
Oct 17, 25 49.57 0 49.57 0.00
Nov 21, 25 261.73 -110.43 151.3 0.42
Feb 20, 26 302.8 -154.97 147.83 0.51