Turtle Beach Corporation (TBCH)
NASDAQ: TBCH
· Real-Time Price · USD
15.25
0.39 (2.62%)
At close: Sep 04, 2025, 11:59 AM
TBCH Delta Exposure By Expiry
The total Delta Exposure (DEX) for TBCH across all expirations shows 2,942.79 net shares that market makers must hedge, with 65,341.69 from calls and 62,398.9 from puts. The put-call delta ratio of 0.95 suggests neutral market maker positioning. The largest delta concentration at Dec 19, 25 with -42,153.88 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
TBCH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 453.05 | -473.74 | -20.69 | 1.05 |
| Oct 17, 25 | 47,557.44 | -16,952.87 | 30,604.57 | 0.36 |
| Dec 19, 25 | 1,617.7 | -43,771.58 | -42,153.88 | 27.06 |
| Jan 16, 26 | 15,652.89 | -1,200.71 | 14,452.18 | 0.08 |
| Apr 17, 26 | 60.61 | 0 | 60.61 | 0.00 |