Ultragenyx Pharmaceutical... (RARE)
NASDAQ: RARE
· Real-Time Price · USD
29.68
0.67 (2.31%)
At close: Aug 15, 2025, 3:59 PM
29.87
0.62%
After-hours: Aug 15, 2025, 07:57 PM EDT
RARE Delta Exposure By Expiry
The total Delta Exposure (DEX) for RARE across all expirations shows 123,399.13 net shares that market makers must hedge, with 296,177.29 from calls and 172,778.16 from puts. The put-call delta ratio of 0.58 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 59,148.39 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.
RARE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 25,137.84 | -38,541.7 | -13,403.86 | 1.53 |
| Oct 17, 25 | 14,495.23 | -1,447.13 | 13,048.1 | 0.10 |
| Nov 21, 25 | 22,561.15 | -11,348.73 | 11,212.42 | 0.50 |
| Dec 19, 25 | 122,584.67 | -100,660.62 | 21,924.05 | 0.82 |
| Jan 16, 26 | 60,503.27 | -1,354.88 | 59,148.39 | 0.02 |
| Feb 20, 26 | 39,189.43 | -16,022.22 | 23,167.21 | 0.41 |
| Jan 15, 27 | 11,705.7 | -3,402.88 | 8,302.82 | 0.29 |