iShares U.S. Thematic Rot... (THRO)
AMEX: THRO
· Real-Time Price · USD
36.68
-0.14 (-0.38%)
At close: Aug 15, 2025, 3:59 PM
36.67
-0.03%
After-hours: Aug 15, 2025, 04:04 PM EDT
THRO Delta Exposure By Expiry
The total Delta Exposure (DEX) for THRO across all expirations shows 95.84 net shares that market makers must hedge, with 104.25 from calls and 8.41 from puts. The put-call delta ratio of 0.08 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 99.94 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
THRO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 0 | -4.1 | -4.1 | n/a |
| Jan 16, 26 | 104.25 | -4.31 | 99.94 | 0.04 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |