Textron Inc. (TXT)
NYSE: TXT
· Real-Time Price · USD
79.39
-0.93 (-1.16%)
At close: Aug 15, 2025, 11:43 AM
TXT Delta Exposure By Expiry
The total Delta Exposure (DEX) for TXT across all expirations shows 109,260.51 net shares that market makers must hedge, with 178,111.96 from calls and 68,851.45 from puts. The put-call delta ratio of 0.39 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 65,348.08 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
TXT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 111,279.34 | -45,931.26 | 65,348.08 | 0.41 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 64,432.56 | -21,628.24 | 42,804.32 | 0.34 |
| Mar 20, 26 | 2,400.06 | -1,291.95 | 1,108.11 | 0.54 |