Blackstone Mortgage Trust... (BXMT)
NYSE: BXMT
· Real-Time Price · USD
19.52
0.75 (4.00%)
At close: Aug 22, 2025, 3:59 PM
19.67
0.72%
After-hours: Aug 22, 2025, 07:55 PM EDT
BXMT Delta Exposure By Expiry
The total Delta Exposure (DEX) for BXMT across all expirations shows 62,703.09 net shares that market makers must hedge, with 172,245.65 from calls and 109,542.56 from puts. The put-call delta ratio of 0.64 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 33,275.69 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.
BXMT DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 21,041.18 | -8,507.2 | 12,533.98 | 0.40 |
| Oct 17, 25 | 19,857.72 | -34,413.12 | -14,555.4 | 1.73 |
| Jan 16, 26 | 78,830.55 | -47,844.99 | 30,985.56 | 0.61 |
| Apr 17, 26 | 987.95 | -524.69 | 463.26 | 0.53 |
| Jan 15, 27 | 51,528.25 | -18,252.56 | 33,275.69 | 0.35 |