Tanger Inc. (SKT)
NYSE: SKT
· Real-Time Price · USD
32.22
-0.25 (-0.77%)
At close: Aug 15, 2025, 12:00 PM
SKT Delta Exposure By Expiry
The total Delta Exposure (DEX) for SKT across all expirations shows 14,235.93 net shares that market makers must hedge, with 30,186.58 from calls and 15,950.65 from puts. The put-call delta ratio of 0.53 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 11,435.83 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.
SKT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 21,404.66 | -9,968.83 | 11,435.83 | 0.47 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 8,288.35 | -5,887.16 | 2,401.19 | 0.71 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 493.57 | -94.66 | 398.91 | 0.19 |