Transocean Ltd. (RIG)
NYSE: RIG
· Real-Time Price · USD
3.03
0.02 (0.66%)
At close: Aug 14, 2025, 3:59 PM
3.01
-0.66%
Pre-market: Aug 15, 2025, 08:40 AM EDT
RIG Delta Exposure By Expiry
The total Delta Exposure (DEX) for RIG across all expirations shows 173,875.35 net shares that market makers must hedge, with 415,943.87 from calls and 242,068.52 from puts. The put-call delta ratio of 0.58 suggests neutral market maker positioning. The largest delta concentration at Dec 18, 26 with 56,869.69 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
RIG DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 5,507.31 | -602.95 | 4,904.36 | 0.11 |
| Aug 29, 25 | 2,311.6 | -494.34 | 1,817.26 | 0.21 |
| Sep 5, 25 | 1,771.93 | -329.29 | 1,442.64 | 0.19 |
| Sep 12, 25 | 309.79 | -17.68 | 292.11 | 0.06 |
| Sep 19, 25 | 8,496.81 | -1,872.34 | 6,624.47 | 0.22 |
| Sep 26, 25 | 284.34 | -16.64 | 267.7 | 0.06 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 15,498.09 | -10,398.54 | 5,099.55 | 0.67 |
| Dec 19, 25 | 70,769.4 | -40,708.09 | 30,061.31 | 0.58 |
| Jan 16, 26 | 114,763.21 | -127,212.11 | -12,448.9 | 1.11 |
| Feb 20, 26 | 19,146.23 | -347.85 | 18,798.38 | 0.02 |
| Mar 20, 26 | 6,383.94 | -938.72 | 5,445.22 | 0.15 |
| Jun 18, 26 | 2,733.11 | -1,757.23 | 975.88 | 0.64 |
| Sep 18, 26 | 796.49 | -84.84 | 711.65 | 0.11 |
| Dec 18, 26 | 68,870.24 | -12,000.55 | 56,869.69 | 0.17 |
| Jan 15, 27 | 98,301.38 | -45,287.35 | 53,014.03 | 0.46 |