Blackstone Mortgage Trust... (BXMT)
NYSE: BXMT
· Real-Time Price · USD
18.86
-0.19 (-1.00%)
At close: Aug 15, 2025, 3:59 PM
19.08
1.14%
After-hours: Aug 15, 2025, 07:37 PM EDT
BXMT Delta Exposure By Expiry
The total Delta Exposure (DEX) for BXMT across all expirations shows 19,173.18 net shares that market makers must hedge, with 140,710.59 from calls and 121,537.41 from puts. The put-call delta ratio of 0.86 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 31,830.62 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.
BXMT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 3,293.08 | -10,744.79 | -7,451.71 | 3.26 |
| Oct 17, 25 | 18,068.31 | -40,627.77 | -22,559.46 | 2.25 |
| Jan 16, 26 | 69,068.97 | -51,715.24 | 17,353.73 | 0.75 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 50,280.23 | -18,449.61 | 31,830.62 | 0.37 |