Theravance Biopharma Inc. (TBPH)
NASDAQ: TBPH
· Real-Time Price · USD
14.41
0.34 (2.42%)
At close: Oct 03, 2025, 3:59 PM
14.41
0.00%
After-hours: Oct 03, 2025, 04:10 PM EDT
TBPH Delta Exposure By Expiry
The total Delta Exposure (DEX) for TBPH across all expirations shows -10,027.41 net shares that market makers must hedge, with 5,895.64 from calls and 15,923.05 from puts. The put-call delta ratio of 2.70 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
TBPH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 331.8 | -43.99 | 287.81 | 0.13 |
| Nov 21, 25 | 0 | -165.74 | -165.74 | n/a |
| Dec 19, 25 | 787.99 | -15,699.1 | -14,911.11 | 19.92 |
| Mar 20, 26 | 4,775.85 | -14.22 | 4,761.63 | 0.00 |