Tradeweb Markets Inc. (TW)
NASDAQ: TW
· Real-Time Price · USD
130.20
-0.35 (-0.27%)
At close: Aug 15, 2025, 3:59 PM
132.76
1.97%
After-hours: Aug 15, 2025, 05:47 PM EDT
TW Delta Exposure By Expiry
The total Delta Exposure (DEX) for TW across all expirations shows 18,675.73 net shares that market makers must hedge, with 78,079.65 from calls and 59,403.92 from puts. The put-call delta ratio of 0.76 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 10,948.83 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.
TW DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 21,281.58 | -27,249.97 | -5,968.39 | 1.28 |
| Oct 17, 25 | 35,772.26 | -24,823.43 | 10,948.83 | 0.69 |
| Dec 19, 25 | 12,576.2 | -3,603.31 | 8,972.89 | 0.29 |
| Jan 16, 26 | 8,449.61 | -3,727.21 | 4,722.4 | 0.44 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |