LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Parallax Volatility Advisers, L.P.'s Holding History (CIK: 0001521001)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 1,039 Value ($000) $141 Avg Close $106.61 Range $79.98 - $173.81

Q3 2018

Shares 20 Value ($000) $5 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 50 Value ($000) $10 Avg Close $111.59 Range $93.09 - $132.56

Q4 2017

Shares 8,101 Value ($000) $1,109 Avg Close $86.68 Range $78.91 - $93.14

Q3 2017

Shares 8,585 Value ($000) $1,169 Avg Close $79.18 Range $71.99 - $86.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	1,039	$141	$106.61	$79.98 - $173.81
Q3 2018	20	$5	$150.76	$127.91 - $172.25
Q2 2018	50	$10	$111.59	$93.09 - $132.56
Q4 2017	8,101	$1,109	$86.68	$78.91 - $93.14
Q3 2017	8,585	$1,169	$79.18	$71.99 - $86.39