Q2 Inc. (QTWO)
NYSE: QTWO
· Real-Time Price · USD
79.52
3.88 (5.13%)
At close: Aug 22, 2025, 3:59 PM
79.50
-0.03%
After-hours: Aug 22, 2025, 07:31 PM EDT
QTWO Delta Exposure By Expiry
The total Delta Exposure (DEX) for QTWO across all expirations shows 35,558.75 net shares that market makers must hedge, with 58,538.33 from calls and 22,979.58 from puts. The put-call delta ratio of 0.39 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 25,825.8 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.
QTWO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 3,910.41 | -18,214.67 | -14,304.26 | 4.66 |
| Oct 17, 25 | 427.51 | -136.04 | 291.47 | 0.32 |
| Nov 21, 25 | 22,272.67 | -3,330.17 | 18,942.5 | 0.15 |
| Jan 16, 26 | 25,825.8 | 0 | 25,825.8 | 0.00 |
| Feb 20, 26 | 6,101.94 | -1,298.7 | 4,803.24 | 0.21 |