Tenaris S.A. (TS)
NYSE: TS
· Real-Time Price · USD
34.88
-0.96 (-2.68%)
At close: Sep 05, 2025, 3:59 PM
34.88
0.00%
After-hours: Sep 05, 2025, 06:04 PM EDT
TS Delta Exposure By Expiry
The total Delta Exposure (DEX) for TS across all expirations shows 35,668.89 net shares that market makers must hedge, with 47,753.27 from calls and 12,084.38 from puts. The put-call delta ratio of 0.25 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
TS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 33,560.69 | -5,322.23 | 28,238.46 | 0.16 |
| Oct 17, 25 | 86.73 | -151 | -64.27 | 1.74 |
| Dec 19, 25 | 13,573.07 | -6,498.04 | 7,075.03 | 0.48 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 532.78 | -113.11 | 419.67 | 0.21 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |