Jones Lang LaSalle (JLL)

The total Delta Exposure (DEX) for JLL across all expirations shows 220,647.88 net shares that market makers must hedge, with 249,540.98 from calls and 28,893.1 from puts. The put-call delta ratio of 0.12 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 92,729.16 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.