Texas Instruments (TXN)
NASDAQ: TXN
· Real-Time Price · USD
184.01
-1.02 (-0.55%)
At close: Sep 10, 2025, 3:59 PM
183.70
-0.17%
After-hours: Sep 10, 2025, 04:48 PM EDT
TXN Delta Exposure By Expiry
The total Delta Exposure (DEX) for TXN across all expirations shows -1,994,221.61 net shares that market makers must hedge, with 6,855,120.86 from calls and 8,849,342.47 from puts. The put-call delta ratio of 1.29 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 |
|---|---|---|---|---|
| Sep 12, 25 | 163,490.96 | -324,201.97 | -160,711.01 | 1.98 |
| Sep 19, 25 | 1,291,325.13 | -2,069,910.03 | -778,584.9 | 1.60 |
| Sep 26, 25 | 45,285.46 | -50,617.9 | -5,332.44 | 1.12 |
| Oct 3, 25 | 13,406.95 | -30,802.1 | -17,395.15 | 2.30 |
| Oct 10, 25 | 10,798.11 | -73,303.65 | -62,505.54 | 6.79 |
| Oct 17, 25 | 1,548,691.03 | -1,511,583.79 | 37,107.24 | 0.98 |
| Oct 24, 25 | 3,080.5 | -4,667.47 | -1,586.97 | 1.52 |
| Nov 21, 25 | 324,203.04 | -1,078,581.9 | -754,378.86 | 3.33 |
| Dec 19, 25 | 406,161.93 | -761,719.75 | -355,557.82 | 1.88 |
| Jan 16, 26 | 1,479,099.1 | -1,445,951.68 | 33,147.42 | 0.98 |
| Feb 20, 26 | 36,887.4 | -88,306.85 | -51,419.45 | 2.39 |
| Mar 20, 26 | 305,070.64 | -471,194.88 | -166,124.24 | 1.54 |
| Apr 17, 26 | 3,598.19 | -5,828.62 | -2,230.43 | 1.62 |
| May 15, 26 | 14,042.41 | -10,760.09 | 3,282.32 | 0.77 |
| Jun 18, 26 | 662,491.5 | -631,350.83 | 31,140.67 | 0.95 |
| Sep 18, 26 | 72,336.47 | -113,001.25 | -40,664.78 | 1.56 |
| Dec 18, 26 | 130,490.46 | -61,252.3 | 69,238.16 | 0.47 |
| Jan 15, 27 | 344,661.58 | -116,307.41 | 228,354.17 | 0.34 |