Teladoc Health Inc. (TDOC)
NYSE: TDOC
· Real-Time Price · USD
7.50
0.20 (2.74%)
At close: Aug 15, 2025, 3:59 PM
7.52
0.20%
After-hours: Aug 15, 2025, 07:58 PM EDT
TDOC Delta Exposure By Expiry
The total Delta Exposure (DEX) for TDOC across all expirations shows 50,796.1 net shares that market makers must hedge, with 341,223.01 from calls and 290,426.91 from puts. The put-call delta ratio of 0.85 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 44,446.93 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
TDOC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 10,051.2 | -51,306.17 | -41,254.97 | 5.10 |
| Aug 29, 25 | 12,739.06 | -4,977.78 | 7,761.28 | 0.39 |
| Sep 5, 25 | 3,994.71 | -3,234.55 | 760.16 | 0.81 |
| Sep 12, 25 | 1,858.69 | -1,273.08 | 585.61 | 0.68 |
| Sep 19, 25 | 36,074.47 | -32,440.72 | 3,633.75 | 0.90 |
| Sep 26, 25 | 479.25 | -249.17 | 230.08 | 0.52 |
| Oct 17, 25 | 41,568.73 | -32,741.91 | 8,826.82 | 0.79 |
| Dec 19, 25 | 53,109.32 | -51,512.24 | 1,597.08 | 0.97 |
| Jan 16, 26 | 87,459.6 | -81,282.89 | 6,176.71 | 0.93 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 75,276.39 | -30,829.46 | 44,446.93 | 0.41 |
| Dec 17, 27 | 18,611.59 | -578.94 | 18,032.65 | 0.03 |