Tidewater Inc. (TDW)
NYSE: TDW
· Real-Time Price · USD
60.73
1.39 (2.34%)
At close: Aug 27, 2025, 3:59 PM
61.04
0.51%
Pre-market: Aug 28, 2025, 08:17 AM EDT
TDW Delta Exposure By Expiry
The total Delta Exposure (DEX) for TDW across all expirations shows 294,962.54 net shares that market makers must hedge, with 391,913.07 from calls and 96,950.53 from puts. The put-call delta ratio of 0.25 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Oct 17, 25 with 94,934.32 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.
TDW DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 28,789.7 | -8,155.2 | 20,634.5 | 0.28 |
| Oct 17, 25 | 102,429.54 | -7,495.22 | 94,934.32 | 0.07 |
| Nov 21, 25 | 28,251.28 | -9,808.07 | 18,443.21 | 0.35 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 126,060.23 | -55,122.53 | 70,937.7 | 0.44 |
| Apr 17, 26 | 1,651.35 | -261 | 1,390.35 | 0.16 |
| Jan 15, 27 | 104,730.97 | -16,108.51 | 88,622.46 | 0.15 |