Boston Properties Inc. (BXP)
NYSE: BXP
· Real-Time Price · USD
65.47
0.26 (0.40%)
At close: Aug 15, 2025, 1:59 PM
BXP Delta Exposure By Expiry
The total Delta Exposure (DEX) for BXP across all expirations shows 45,339.52 net shares that market makers must hedge, with 187,285.55 from calls and 141,946.03 from puts. The put-call delta ratio of 0.76 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 39,155.32 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.
BXP DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,465.07 | -22,038.78 | -16,573.71 | 4.03 |
| Oct 17, 25 | 36,774.13 | -42,268.8 | -5,494.67 | 1.15 |
| Jan 16, 26 | 106,350 | -67,194.68 | 39,155.32 | 0.63 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 38,696.35 | -10,443.77 | 28,252.58 | 0.27 |