Teladoc Health Inc. (TDOC)
NYSE: TDOC
· Real-Time Price · USD
7.33
-0.16 (-2.14%)
At close: Aug 19, 2025, 3:59 PM
7.31
-0.34%
Pre-market: Aug 20, 2025, 07:55 AM EDT
TDOC Delta Exposure By Expiry
The total Delta Exposure (DEX) for TDOC across all expirations shows 80,425.57 net shares that market makers must hedge, with 376,828.45 from calls and 296,402.88 from puts. The put-call delta ratio of 0.79 suggests neutral market maker positioning. The largest delta concentration at Jan 15, 27 with 48,114.7 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
TDOC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 15,311.16 | -52,840.67 | -37,529.51 | 3.45 |
| Aug 29, 25 | 14,858.78 | -6,927.42 | 7,931.36 | 0.47 |
| Sep 5, 25 | 4,345.18 | -3,600.85 | 744.33 | 0.83 |
| Sep 12, 25 | 2,316.85 | -1,338.97 | 977.88 | 0.58 |
| Sep 19, 25 | 55,618.99 | -33,105.94 | 22,513.05 | 0.60 |
| Sep 26, 25 | 718.39 | -433.07 | 285.32 | 0.60 |
| Oct 17, 25 | 43,392.96 | -34,895.32 | 8,497.64 | 0.80 |
| Dec 19, 25 | 54,804.72 | -51,173.61 | 3,631.11 | 0.93 |
| Jan 16, 26 | 87,557.82 | -80,352.22 | 7,205.6 | 0.92 |
| Apr 17, 26 | 82.15 | 0 | 82.15 | 0.00 |
| Jan 15, 27 | 79,232.7 | -31,118 | 48,114.7 | 0.39 |
| Dec 17, 27 | 18,588.75 | -616.81 | 17,971.94 | 0.03 |