Tutor Perini Corporation (TPC)
NYSE: TPC
· Real-Time Price · USD
57.41
0.66 (1.16%)
At close: Aug 18, 2025, 3:59 PM
57.50
0.16%
Pre-market: Aug 19, 2025, 04:39 AM EDT
TPC Delta Exposure By Expiry
The total Delta Exposure (DEX) for TPC across all expirations shows 498,592.12 net shares that market makers must hedge, with 519,795.51 from calls and 21,203.39 from puts. The put-call delta ratio of 0.04 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 253,477.25 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.
TPC DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 16,274.89 | -3,217.24 | 13,057.65 | 0.20 |
| Oct 17, 25 | 23,983.82 | -913.55 | 23,070.27 | 0.04 |
| Dec 19, 25 | 269,237.57 | -15,760.32 | 253,477.25 | 0.06 |
| Jan 16, 26 | 210,299.23 | -1,287.38 | 209,011.85 | 0.01 |
| Apr 17, 26 | 0 | -24.9 | -24.9 | n/a |