Tenaris S.A. (TS)
NYSE: TS
· Real-Time Price · USD
36.38
0.41 (1.14%)
At close: Oct 03, 2025, 3:59 PM
36.38
-0.01%
After-hours: Oct 03, 2025, 05:29 PM EDT
TS Delta Exposure By Expiry
The total Delta Exposure (DEX) for TS across all expirations shows 14,856.2 net shares that market makers must hedge, with 26,681.13 from calls and 11,824.93 from puts. The put-call delta ratio of 0.44 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
TS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 12,937.58 | -1,835.45 | 11,102.13 | 0.14 |
| Nov 21, 25 | 34.95 | 0 | 34.95 | 0.00 |
| Dec 19, 25 | 13,026.91 | -8,452.85 | 4,574.06 | 0.65 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 681.69 | -1,536.63 | -854.94 | 2.25 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |