Portillo's Inc. (PTLO)
NASDAQ: PTLO
· Real-Time Price · USD
7.29
0.16 (2.24%)
At close: Aug 22, 2025, 3:59 PM
7.32
0.41%
After-hours: Aug 22, 2025, 07:49 PM EDT
PTLO Delta Exposure By Expiry
The total Delta Exposure (DEX) for PTLO across all expirations shows 8,272.15 net shares that market makers must hedge, with 83,977.6 from calls and 75,705.45 from puts. The put-call delta ratio of 0.90 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with -7,741.04 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
PTLO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 8,010.85 | -7,521.01 | 489.84 | 0.94 |
| Oct 17, 25 | 550.87 | -158.69 | 392.18 | 0.29 |
| Nov 21, 25 | 7,064.51 | -14,805.55 | -7,741.04 | 2.10 |
| Jan 16, 26 | 20,572.05 | -16,037.44 | 4,534.61 | 0.78 |
| Feb 20, 26 | 5,318.01 | -1,334.79 | 3,983.22 | 0.25 |
| Jan 15, 27 | 42,461.31 | -35,847.97 | 6,613.34 | 0.84 |