Patterson-UTI Energy Inc. (PTEN)
NASDAQ: PTEN
· Real-Time Price · USD
5.56
0.22 (4.12%)
At close: Oct 03, 2025, 3:59 PM
5.59
0.54%
After-hours: Oct 03, 2025, 07:58 PM EDT
PTEN Delta Exposure By Expiry
The total Delta Exposure (DEX) for PTEN across all expirations shows -109,552.18 net shares that market makers must hedge, with 61,978.65 from calls and 171,530.83 from puts. The put-call delta ratio of 2.77 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
PTEN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 8,207.74 | -4,210.1 | 3,997.64 | 0.51 |
| Nov 21, 25 | 7,623.57 | -38,680.34 | -31,056.77 | 5.07 |
| Jan 16, 26 | 22,541.48 | -113,961.26 | -91,419.78 | 5.06 |
| Feb 20, 26 | 5,170.18 | -5,390.88 | -220.7 | 1.04 |
| May 15, 26 | 975.59 | -157.99 | 817.6 | 0.16 |
| Jan 15, 27 | 17,460.09 | -9,130.26 | 8,329.83 | 0.52 |