RLJ Lodging Trust (RLJ)
NYSE: RLJ
· Real-Time Price · USD
7.71
0.36 (4.90%)
At close: Aug 22, 2025, 3:59 PM
7.72
0.06%
After-hours: Aug 22, 2025, 06:11 PM EDT
RLJ Delta Exposure By Expiry
The total Delta Exposure (DEX) for RLJ across all expirations shows 1,231.44 net shares that market makers must hedge, with 1,381.67 from calls and 150.23 from puts. The put-call delta ratio of 0.11 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Feb 20, 26 with 940.99 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.
RLJ DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 18.89 | -15.27 | 3.62 | 0.81 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 401.63 | -114.8 | 286.83 | 0.29 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 961.15 | -20.16 | 940.99 | 0.02 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |