Lincoln National Corporat... (LNC)
NYSE: LNC
· Real-Time Price · USD
42.95
0.18 (0.42%)
At close: Aug 29, 2025, 3:59 PM
43.06
0.27%
After-hours: Aug 29, 2025, 06:47 PM EDT
LNC Delta Exposure By Expiry
The total Delta Exposure (DEX) for LNC across all expirations shows 838,118.16 net shares that market makers must hedge, with 1,041,975.93 from calls and 203,857.77 from puts. The put-call delta ratio of 0.20 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 304,592.8 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
LNC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 175,551.87 | -31,756.29 | 143,795.58 | 0.18 |
| Oct 17, 25 | 321,085.18 | -16,492.38 | 304,592.8 | 0.05 |
| Jan 16, 26 | 337,522.28 | -98,798.14 | 238,724.14 | 0.29 |
| Apr 17, 26 | 5,345.88 | -1,228.75 | 4,117.13 | 0.23 |
| Jun 18, 26 | 100,293.42 | -29,983.57 | 70,309.85 | 0.30 |
| Sep 18, 26 | 235.75 | -90.15 | 145.6 | 0.38 |
| Jan 15, 27 | 101,941.55 | -25,508.49 | 76,433.06 | 0.25 |