Terns Pharmaceuticals Inc... (TERN)
NASDAQ: TERN
· Real-Time Price · USD
7.22
0.16 (2.27%)
At close: Sep 05, 2025, 3:59 PM
7.22
0.00%
After-hours: Sep 05, 2025, 05:26 PM EDT
TERN Delta Exposure By Expiry
The total Delta Exposure (DEX) for TERN across all expirations shows 46,992.27 net shares that market makers must hedge, with 47,914.23 from calls and 921.96 from puts. The put-call delta ratio of 0.02 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
TERN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 2,469.86 | -67.11 | 2,402.75 | 0.03 |
| Oct 17, 25 | 9,078.88 | -189.33 | 8,889.55 | 0.02 |
| Jan 16, 26 | 33,168.58 | -499.84 | 32,668.74 | 0.02 |
| Apr 17, 26 | 149.07 | -9.17 | 139.9 | 0.06 |
| Jan 15, 27 | 3,047.84 | -156.51 | 2,891.33 | 0.05 |