Lululemon Athletica Inc. (LULU)
NASDAQ: LULU
· Real-Time Price · USD
163.79
-1.90 (-1.15%)
At close: Sep 10, 2025, 3:24 PM
LULU Delta Exposure By Expiry
The total Delta Exposure (DEX) for LULU across all expirations shows -13,553,646.22 net shares that market makers must hedge, with 7,795,597.88 from calls and 21,349,244.1 from puts. The put-call delta ratio of 2.74 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
LULU DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 702,497.25 | -1,757,122.45 | -1,054,625.2 | 2.50 |
| Sep 19, 25 | 650,621.49 | -5,660,397.13 | -5,009,775.64 | 8.70 |
| Sep 26, 25 | 154,051.89 | -485,239.17 | -331,187.28 | 3.15 |
| Oct 3, 25 | 142,134.83 | -292,180.18 | -150,045.35 | 2.06 |
| Oct 10, 25 | 76,366.36 | -114,109.17 | -37,742.81 | 1.49 |
| Oct 17, 25 | 548,508.99 | -1,846,019.32 | -1,297,510.33 | 3.37 |
| Oct 24, 25 | 35,264.87 | -81,263.81 | -45,998.94 | 2.30 |
| Nov 21, 25 | 457,918.77 | -1,010,766.46 | -552,847.69 | 2.21 |
| Dec 19, 25 | 710,315.53 | -2,200,948.81 | -1,490,633.28 | 3.10 |
| Jan 16, 26 | 1,023,946.95 | -2,775,175.15 | -1,751,228.2 | 2.71 |
| Feb 20, 26 | 216,527.74 | -182,629.3 | 33,898.44 | 0.84 |
| Mar 20, 26 | 450,189.3 | -869,772.16 | -419,582.86 | 1.93 |
| May 15, 26 | 145,697.76 | -135,584.76 | 10,113 | 0.93 |
| Jun 18, 26 | 481,271.21 | -1,533,112.23 | -1,051,841.02 | 3.19 |
| Sep 18, 26 | 291,537.07 | -325,588.67 | -34,051.6 | 1.12 |
| Dec 18, 26 | 239,628.15 | -745,328.64 | -505,700.49 | 3.11 |
| Jan 15, 27 | 1,453,968.85 | -1,287,345.84 | 166,623.01 | 0.89 |
| Sep 17, 27 | 4,329.84 | -1,294.22 | 3,035.62 | 0.30 |
| Dec 17, 27 | 10,821.03 | -45,366.63 | -34,545.6 | 4.19 |