Rani Therapeutics Inc. (RANI)
NASDAQ: RANI
· Real-Time Price · USD
0.54
-0.01 (-1.66%)
At close: Aug 20, 2025, 10:28 AM
RANI Delta Exposure By Expiry
The total Delta Exposure (DEX) for RANI across all expirations shows 382.91 net shares that market makers must hedge, with 407.17 from calls and 24.26 from puts. The put-call delta ratio of 0.06 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 331.21 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.
RANI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0.63 | -14.62 | -13.99 | 23.21 |
| Oct 17, 25 | 331.21 | 0 | 331.21 | 0.00 |
| Jan 16, 26 | 72.93 | 0 | 72.93 | 0.00 |
| Apr 17, 26 | 2.4 | -9.64 | -7.24 | 4.02 |