Texas Instruments (TXN)
NASDAQ: TXN
· Real-Time Price · USD
180.32
-2.00 (-1.10%)
At close: Oct 03, 2025, 3:59 PM
180.34
0.01%
After-hours: Oct 03, 2025, 07:56 PM EDT
TXN Delta Exposure By Expiry
The total Delta Exposure (DEX) for TXN across all expirations shows -1,927,797.57 net shares that market makers must hedge, with 6,106,673.58 from calls and 8,034,471.15 from puts. The put-call delta ratio of 1.32 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
TXN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 101,136.57 | -111,323.89 | -10,187.32 | 1.10 |
| Oct 17, 25 | 1,340,366.84 | -1,956,307.36 | -615,940.52 | 1.46 |
| Oct 24, 25 | 108,963.65 | -105,834.07 | 3,129.58 | 0.97 |
| Oct 31, 25 | 31,824.62 | -107,226.93 | -75,402.31 | 3.37 |
| Nov 7, 25 | 4,071.27 | -5,962.58 | -1,891.31 | 1.46 |
| Nov 14, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 846,999.26 | -1,181,264.28 | -334,265.02 | 1.39 |
| Dec 19, 25 | 468,140.19 | -928,409.52 | -460,269.33 | 1.98 |
| Jan 16, 26 | 1,491,675.61 | -1,900,034.97 | -408,359.36 | 1.27 |
| Feb 20, 26 | 62,651.05 | -107,174.76 | -44,523.71 | 1.71 |
| Mar 20, 26 | 320,964.66 | -544,533.51 | -223,568.85 | 1.70 |
| Apr 17, 26 | 17,817.84 | -29,340.35 | -11,522.51 | 1.65 |
| May 15, 26 | 35,931.73 | -31,496.99 | 4,434.74 | 0.88 |
| Jun 18, 26 | 641,614.21 | -667,296.64 | -25,682.43 | 1.04 |
| Sep 18, 26 | 123,818.51 | -129,527.33 | -5,708.82 | 1.05 |
| Dec 18, 26 | 140,047.24 | -68,883.16 | 71,164.08 | 0.49 |
| Jan 15, 27 | 348,400.52 | -154,090.79 | 194,309.73 | 0.44 |
| Jan 21, 28 | 22,249.81 | -5,764.02 | 16,485.79 | 0.26 |