Tenaris S.A. (TS)
NYSE: TS
· Real-Time Price · USD
35.36
0.58 (1.67%)
At close: Sep 26, 2025, 3:59 PM
35.73
1.05%
After-hours: Sep 26, 2025, 07:34 PM EDT
TS Delta Exposure By Expiry
The total Delta Exposure (DEX) for TS across all expirations shows 11,262.91 net shares that market makers must hedge, with 20,736.42 from calls and 9,473.51 from puts. The put-call delta ratio of 0.46 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 |
|---|---|---|---|---|
| Oct 17, 25 | 7,900.05 | -2,032.47 | 5,867.58 | 0.26 |
| Nov 21, 25 | 25.77 | 0 | 25.77 | 0.00 |
| Dec 19, 25 | 12,162.67 | -7,145.45 | 5,017.22 | 0.59 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 647.93 | -295.59 | 352.34 | 0.46 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |