(BTAL)
AMEX: BTAL
· Real-Time Price · USD
16.36
0.36 (2.25%)
At close: Aug 29, 2025, 3:59 PM
16.37
0.06%
After-hours: Aug 29, 2025, 05:22 PM EDT
BTAL Delta Exposure By Expiry
The total Delta Exposure (DEX) for BTAL across all expirations shows 5,474.57 net shares that market makers must hedge, with 9,531.53 from calls and 4,056.96 from puts. The put-call delta ratio of 0.43 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 5,464.72 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.
BTAL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 3,457.91 | -3,952.66 | -494.75 | 1.14 |
| Oct 17, 25 | 0 | -13.32 | -13.32 | n/a |
| Dec 19, 25 | 5,555.7 | -90.98 | 5,464.72 | 0.02 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 517.92 | 0 | 517.92 | 0.00 |