MediciNova Inc. (MNOV)
NASDAQ: MNOV
· Real-Time Price · USD
1.33
0.03 (2.31%)
At close: Aug 15, 2025, 3:58 PM
1.35
1.50%
Pre-market: Aug 18, 2025, 09:09 AM EDT
MNOV Delta Exposure By Expiry
The total Delta Exposure (DEX) for MNOV across all expirations shows 67.04 net shares that market makers must hedge, with 69.66 from calls and 2.62 from puts. The put-call delta ratio of 0.04 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 67.67 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
MNOV DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 0.68 | -1.31 | -0.63 | 1.93 |
| Jan 16, 26 | 68.98 | -1.31 | 67.67 | 0.02 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |