Tecnoglass Inc. (TGLS)
NYSE: TGLS
· Real-Time Price · USD
72.48
-0.09 (-0.12%)
At close: Aug 29, 2025, 12:34 PM
TGLS Delta Exposure By Expiry
The total Delta Exposure (DEX) for TGLS across all expirations shows 18,034.76 net shares that market makers must hedge, with 44,064.91 from calls and 26,030.15 from puts. The put-call delta ratio of 0.59 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 13,035 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
TGLS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1,713.43 | -8,566.31 | -6,852.88 | 5.00 |
| Oct 17, 25 | 10,896.09 | -11,778.57 | -882.48 | 1.08 |
| Nov 21, 25 | 2,186.74 | -1,144.71 | 1,042.03 | 0.52 |
| Dec 19, 25 | 12,090.06 | -3,080.6 | 9,009.46 | 0.25 |
| Jan 16, 26 | 13,035 | 0 | 13,035 | 0.00 |
| Feb 20, 26 | 4,143.59 | -1,459.96 | 2,683.63 | 0.35 |