Talphera Inc. (TLPH)
NASDAQ: TLPH
· Real-Time Price · USD
0.96
0.02 (2.00%)
At close: Oct 03, 2025, 3:59 PM
0.97
1.00%
After-hours: Oct 03, 2025, 07:33 PM EDT
TLPH Delta Exposure By Expiry
The total Delta Exposure (DEX) for TLPH across all expirations shows 723.92 net shares that market makers must hedge, with 1,464.35 from calls and 740.43 from puts. The put-call delta ratio of 0.51 suggests neutral market maker positioning.
TLPH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 122.28 | -4.06 | 118.22 | 0.03 |
| Nov 21, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 329.98 | -0.75 | 329.23 | 0.00 |
| Mar 20, 26 | 1,012.09 | -735.62 | 276.47 | 0.73 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |