Bentley Systems (BSY)
NASDAQ: BSY
· Real-Time Price · USD
53.12
1.40 (2.71%)
At close: Aug 15, 2025, 3:59 PM
53.11
-0.01%
After-hours: Aug 15, 2025, 05:07 PM EDT
BSY Delta Exposure By Expiry
The total Delta Exposure (DEX) for BSY across all expirations shows 340,653.2 net shares that market makers must hedge, with 494,502.82 from calls and 153,849.62 from puts. The put-call delta ratio of 0.31 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 289,692.77 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
BSY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 18,393.83 | -109,954.06 | -91,560.23 | 5.98 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 93,087.96 | -19,101.95 | 73,986.01 | 0.21 |
| Dec 19, 25 | 312,916.34 | -23,223.57 | 289,692.77 | 0.07 |
| Feb 20, 26 | 70,104.69 | -1,570.04 | 68,534.65 | 0.02 |