Regeneron Pharmaceuticals... (REGN)
NASDAQ: REGN
· Real-Time Price · USD
568.20
12.37 (2.23%)
At close: Sep 11, 2025, 3:59 PM
REGN Delta Exposure By Expiry
The total Delta Exposure (DEX) for REGN across all expirations shows -479,728.6 net shares that market makers must hedge, with 2,852,696.33 from calls and 3,332,424.93 from puts. The put-call delta ratio of 1.17 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
REGN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 418,748.68 | -400,133.43 | 18,615.25 | 0.96 |
| Sep 26, 25 | 12,442.81 | -10,184.86 | 2,257.95 | 0.82 |
| Oct 3, 25 | 15,452.04 | -4,734.51 | 10,717.53 | 0.31 |
| Oct 10, 25 | 1,886.48 | -2,461.32 | -574.84 | 1.30 |
| Oct 17, 25 | 61,864.49 | -100,315.99 | -38,451.5 | 1.62 |
| Oct 24, 25 | 1,914.4 | -1,828.46 | 85.94 | 0.96 |
| Nov 21, 25 | 242,825.77 | -349,836.12 | -107,010.35 | 1.44 |
| Dec 19, 25 | 399,253.1 | -572,918.96 | -173,665.86 | 1.43 |
| Jan 16, 26 | 436,811.5 | -877,570.12 | -440,758.62 | 2.01 |
| Feb 20, 26 | 37,780.12 | -97,530.5 | -59,750.38 | 2.58 |
| Mar 20, 26 | 343,242.77 | -271,260.25 | 71,982.52 | 0.79 |
| Jun 18, 26 | 210,561.96 | -236,997.81 | -26,435.85 | 1.13 |
| Sep 18, 26 | 136,300.4 | -50,446.59 | 85,853.81 | 0.37 |
| Dec 18, 26 | 533,611.81 | -356,206.01 | 177,405.8 | 0.67 |