REGN (REGN) options memo

The Read

REGN is down 0.31% today at $803.48.

Options traders lean neutral into 2026-05-01, and neutral further out.

A move through $610.00 would change how dealers hedge this stock.

Key numbers

• Spot: $803.48
• Lean: neutral
• Nearest expiry: Fri 8/21
• Implied move: 1.5%
• ATM implied volatility: 29.6%
• Max pain: $700.00
• Pin strike: $800.00
• Gamma flip: $796.16
• Dealer positioning: SHORT GAMMA
• Call wall: $800.00
• Put wall: $660.00
• Put/call open interest: 1.016