British American Tobacco ... (BTI)
NYSE: BTI
· Real-Time Price · USD
51.23
-1.12 (-2.13%)
At close: Oct 03, 2025, 3:59 PM
51.26
0.06%
After-hours: Oct 03, 2025, 07:41 PM EDT
BTI Delta Exposure By Expiry
The total Delta Exposure (DEX) for BTI across all expirations shows 3,542,441.43 net shares that market makers must hedge, with 4,355,896.7 from calls and 813,455.27 from puts. The put-call delta ratio of 0.19 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
BTI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 170,899.09 | -106,283.57 | 64,615.52 | 0.62 |
| Nov 21, 25 | 189,946.6 | -15,939.22 | 174,007.38 | 0.08 |
| Dec 19, 25 | 969,123.44 | -201,540.32 | 767,583.12 | 0.21 |
| Jan 16, 26 | 1,102,876.25 | -117,126.97 | 985,749.28 | 0.11 |
| Mar 20, 26 | 276,924.45 | -103,586.42 | 173,338.03 | 0.37 |
| Jun 18, 26 | 353,254.85 | -48,741.89 | 304,512.96 | 0.14 |
| Sep 18, 26 | 205,590.49 | -26,522.32 | 179,068.17 | 0.13 |
| Dec 18, 26 | 396,400.64 | -48,514.62 | 347,886.02 | 0.12 |
| Jan 15, 27 | 658,878.05 | -115,606.96 | 543,271.09 | 0.18 |
| Jan 21, 28 | 32,002.84 | -29,592.98 | 2,409.86 | 0.92 |