BJ's Wholesale Club Inc. (BJ)
NYSE: BJ
· Real-Time Price · USD
98.02
0.58 (0.60%)
At close: Sep 11, 2025, 3:59 PM
97.76
-0.26%
Pre-market: Sep 12, 2025, 08:01 AM EDT
BJ Delta Exposure By Expiry
The total Delta Exposure (DEX) for BJ across all expirations shows -61,377.17 net shares that market makers must hedge, with 754,162.36 from calls and 815,539.53 from puts. The put-call delta ratio of 1.08 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
BJ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 73,324.25 | -191,652.72 | -118,328.47 | 2.61 |
| Oct 17, 25 | 61,297.96 | -29,726.82 | 31,571.14 | 0.48 |
| Nov 21, 25 | 233,486.54 | -94,525.57 | 138,960.97 | 0.40 |
| Jan 16, 26 | 332,128.57 | -454,845.83 | -122,717.26 | 1.37 |
| Feb 20, 26 | 22,982.92 | -27,550.6 | -4,567.68 | 1.20 |
| Jan 15, 27 | 30,942.12 | -17,237.99 | 13,704.13 | 0.56 |