Appian Corporation (APPN)
NASDAQ: APPN
· Real-Time Price · USD
30.02
-0.64 (-2.09%)
At close: Oct 03, 2025, 3:59 PM
30.59
1.90%
After-hours: Oct 03, 2025, 04:14 PM EDT
APPN Delta Exposure By Expiry
The total Delta Exposure (DEX) for APPN across all expirations shows -110,785.27 net shares that market makers must hedge, with 182,102.69 from calls and 292,887.96 from puts. The put-call delta ratio of 1.61 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
APPN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 132,560.05 | -15,072.55 | 117,487.5 | 0.11 |
| Nov 21, 25 | 21,356.41 | -269,612.23 | -248,255.82 | 12.62 |
| Dec 19, 25 | 173.17 | -1,099.34 | -926.17 | 6.35 |
| Jan 16, 26 | 19,083.21 | -4,246.29 | 14,836.92 | 0.22 |
| Feb 20, 26 | 7,613.16 | -1,995.53 | 5,617.63 | 0.26 |
| May 15, 26 | 247.1 | -706.86 | -459.76 | 2.86 |
| Jan 15, 27 | 935.21 | -104.29 | 830.92 | 0.11 |
| Jan 21, 28 | 134.38 | -50.87 | 83.51 | 0.38 |