Stride Inc. (LRN)
NYSE: LRN
· Real-Time Price · USD
163.32
0.69 (0.42%)
At close: Aug 19, 2025, 3:59 PM
163.84
0.32%
After-hours: Aug 19, 2025, 07:58 PM EDT
LRN Delta Exposure By Expiry
The total Delta Exposure (DEX) for LRN across all expirations shows 809,916.59 net shares that market makers must hedge, with 894,188.39 from calls and 84,271.8 from puts. The put-call delta ratio of 0.09 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 455,513.69 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.
LRN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 215,138 | -10,799.37 | 204,338.63 | 0.05 |
| Oct 17, 25 | 486,163.71 | -30,650.02 | 455,513.69 | 0.06 |
| Nov 21, 25 | 67,731.22 | -10,907.95 | 56,823.27 | 0.16 |
| Dec 19, 25 | 93,057.82 | -27,989.72 | 65,068.1 | 0.30 |
| Jan 16, 26 | 69.62 | 0 | 69.62 | 0.00 |
| Mar 20, 26 | 32,028.02 | -3,924.74 | 28,103.28 | 0.12 |