iShares 20 Year Treasury ... (TLT)
NASDAQ: TLT
· Real-Time Price · USD
89.38
-0.17 (-0.19%)
At close: Oct 03, 2025, 3:59 PM
89.39
0.01%
After-hours: Oct 03, 2025, 07:59 PM EDT
TLT Delta Exposure By Expiry
The total Delta Exposure (DEX) for TLT across all expirations shows 34,001,334.34 net shares that market makers must hedge, with 76,255,032.45 from calls and 42,253,698.11 from puts. The put-call delta ratio of 0.55 suggests neutral market maker positioning.
TLT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 8, 25 | 450,231.84 | -124,848.2 | 325,383.64 | 0.28 |
| Oct 10, 25 | 2,994,162.03 | -525,646.21 | 2,468,515.82 | 0.18 |
| Oct 13, 25 | 49,824.62 | -82,989.84 | -33,165.22 | 1.67 |
| Oct 15, 25 | 62,658.63 | -32,113.06 | 30,545.57 | 0.51 |
| Oct 17, 25 | 10,744,388.27 | -4,982,062.98 | 5,762,325.29 | 0.46 |
| Oct 24, 25 | 1,386,794.39 | -1,073,565.37 | 313,229.02 | 0.77 |
| Oct 31, 25 | 1,789,865.31 | -441,612.6 | 1,348,252.71 | 0.25 |
| Nov 7, 25 | 175,883.13 | -680,672.31 | -504,789.18 | 3.87 |
| Nov 14, 25 | 5,733.34 | -10,253.16 | -4,519.82 | 1.79 |
| Nov 21, 25 | 6,935,986.15 | -2,451,029.47 | 4,484,956.68 | 0.35 |
| Dec 19, 25 | 9,930,239.56 | -4,498,542.62 | 5,431,696.94 | 0.45 |
| Dec 31, 25 | 1,561,616.68 | -753,892.29 | 807,724.39 | 0.48 |
| Jan 16, 26 | 14,613,117.73 | -11,691,296.3 | 2,921,821.43 | 0.80 |
| Feb 20, 26 | 856,067.65 | -314,305.37 | 541,762.28 | 0.37 |
| Mar 20, 26 | 4,306,815.74 | -2,437,717.55 | 1,869,098.19 | 0.57 |
| Mar 31, 26 | 524,653.23 | -281,474.72 | 243,178.51 | 0.54 |
| Apr 17, 26 | 931,308.92 | -603,288.88 | 328,020.04 | 0.65 |
| May 15, 26 | 1,110,422.05 | -388,352 | 722,070.05 | 0.35 |
| Jun 18, 26 | 4,379,423.29 | -2,408,284.52 | 1,971,138.77 | 0.55 |
| Jun 30, 26 | 657,574.59 | -640,492.48 | 17,082.11 | 0.97 |