TopBuild Corp. (BLD)
NYSE: BLD
· Real-Time Price · USD
420.46
-13.59 (-3.13%)
At close: Sep 09, 2025, 3:59 PM
420.65
0.04%
After-hours: Sep 09, 2025, 07:35 PM EDT
BLD Delta Exposure By Expiry
The total Delta Exposure (DEX) for BLD across all expirations shows -41,716.6 net shares that market makers must hedge, with 146,614.17 from calls and 188,330.77 from puts. The put-call delta ratio of 1.28 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
BLD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 21,010.73 | -11,717.35 | 9,293.38 | 0.56 |
| Oct 17, 25 | 98,776.6 | -11,604.56 | 87,172.04 | 0.12 |
| Jan 16, 26 | 25,407.24 | -153,961.9 | -128,554.66 | 6.06 |
| Apr 17, 26 | 1,419.6 | -11,046.96 | -9,627.36 | 7.78 |