Rentokil Initial (RTO)
NYSE: RTO
· Real-Time Price · USD
24.32
0.17 (0.70%)
At close: Aug 19, 2025, 1:56 PM
RTO Delta Exposure By Expiry
The total Delta Exposure (DEX) for RTO across all expirations shows 13,259.75 net shares that market makers must hedge, with 15,032.18 from calls and 1,772.43 from puts. The put-call delta ratio of 0.12 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Nov 21, 25 with 12,079.55 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.
RTO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,095.93 | -598.77 | 497.16 | 0.55 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 13,174.49 | -1,094.94 | 12,079.55 | 0.08 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 761.76 | -78.72 | 683.04 | 0.10 |