Texas Pacific Land Corpor... (TPL)
NYSE: TPL
· Real-Time Price · USD
945.91
-21.83 (-2.26%)
At close: Oct 03, 2025, 3:59 PM
947.00
0.12%
After-hours: Oct 03, 2025, 06:50 PM EDT
TPL Delta Exposure By Expiry
The total Delta Exposure (DEX) for TPL across all expirations shows 159,574.14 net shares that market makers must hedge, with 509,293.29 from calls and 349,719.15 from puts. The put-call delta ratio of 0.69 suggests neutral market maker positioning.
TPL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 242,812.04 | -196,714.22 | 46,097.82 | 0.81 |
| Nov 21, 25 | 96,969.05 | -69,720.35 | 27,248.7 | 0.72 |
| Jan 16, 26 | 134,903.79 | -68,933.45 | 65,970.34 | 0.51 |
| Apr 17, 26 | 34,608.41 | -14,351.13 | 20,257.28 | 0.41 |