Baxter International Inc. (BAX)
NYSE: BAX
· Real-Time Price · USD
24.43
0.85 (3.60%)
At close: Sep 05, 2025, 3:59 PM
24.50
0.31%
After-hours: Sep 05, 2025, 07:26 PM EDT
BAX Delta Exposure By Expiry
The total Delta Exposure (DEX) for BAX across all expirations shows -9,091.41 net shares that market makers must hedge, with 283,007.44 from calls and 292,098.85 from puts. The put-call delta ratio of 1.03 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
BAX DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 4,726.6 | -13,885.4 | -9,158.8 | 2.94 |
| Sep 19, 25 | 51,537.18 | -115,021.28 | -63,484.1 | 2.23 |
| Sep 26, 25 | 2,341.39 | -1,310.87 | 1,030.52 | 0.56 |
| Oct 3, 25 | 166.03 | -119.82 | 46.21 | 0.72 |
| Oct 10, 25 | 85.65 | -146.78 | -61.13 | 1.71 |
| Oct 17, 25 | 5,691.61 | -9,046.7 | -3,355.09 | 1.59 |
| Oct 24, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 45,655.16 | -32,106.36 | 13,548.8 | 0.70 |
| Jan 16, 26 | 30,480.11 | -78,074.48 | -47,594.37 | 2.56 |
| Feb 20, 26 | 4,235.52 | -2,241.38 | 1,994.14 | 0.53 |
| Mar 20, 26 | 6,314.8 | -7,925.31 | -1,610.51 | 1.26 |
| Jun 18, 26 | 10,835.7 | -9,963.39 | 872.31 | 0.92 |
| Sep 18, 26 | 4,204.53 | -2,663.8 | 1,540.73 | 0.63 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 116,733.16 | -19,593.28 | 97,139.88 | 0.17 |