Two Harbors Investment Co... (TWO)
NYSE: TWO
· Real-Time Price · USD
10.07
-0.09 (-0.89%)
At close: Sep 11, 2025, 3:59 PM
10.10
0.31%
After-hours: Sep 11, 2025, 05:21 PM EDT
TWO Delta Exposure By Expiry
The total Delta Exposure (DEX) for TWO across all expirations shows -21,356.18 net shares that market makers must hedge, with 28,225.48 from calls and 49,581.66 from puts. The put-call delta ratio of 1.76 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
TWO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 9,137.82 | -8,962.81 | 175.01 | 0.98 |
| Oct 17, 25 | 2,141.75 | -1,400.5 | 741.25 | 0.65 |
| Dec 19, 25 | 10,803.11 | -26,863.44 | -16,060.33 | 2.49 |
| Jan 16, 26 | 449.28 | 0 | 449.28 | 0.00 |
| Mar 20, 26 | 5,693.52 | -12,354.91 | -6,661.39 | 2.17 |