Liberty Broadband Corpora... (LBRDK)
NASDAQ: LBRDK
· Real-Time Price · USD
61.61
0.40 (0.65%)
At close: Aug 21, 2025, 1:48 PM
LBRDK Delta Exposure By Expiry
The total Delta Exposure (DEX) for LBRDK across all expirations shows -620.54 net shares that market makers must hedge, with 4,362.82 from calls and 4,983.36 from puts. The put-call delta ratio of 1.14 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Dec 19, 25 with 1,854.08 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.
LBRDK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,332.31 | -3,010.68 | -1,678.37 | 2.26 |
| Oct 17, 25 | 43.64 | -108.46 | -64.82 | 2.49 |
| Dec 19, 25 | 2,072.35 | -218.27 | 1,854.08 | 0.11 |
| Feb 20, 26 | 289.62 | -29.66 | 259.96 | 0.10 |
| Mar 20, 26 | 624.9 | -1,616.29 | -991.39 | 2.59 |