Trinseo (TSE)
NYSE: TSE
· Real-Time Price · USD
2.33
-0.07 (-2.92%)
At close: Aug 19, 2025, 3:59 PM
2.42
3.64%
After-hours: Aug 19, 2025, 05:43 PM EDT
TSE Delta Exposure By Expiry
The total Delta Exposure (DEX) for TSE across all expirations shows 501.47 net shares that market makers must hedge, with 963.88 from calls and 462.41 from puts. The put-call delta ratio of 0.48 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 509.13 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.
TSE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 622.65 | -113.52 | 509.13 | 0.18 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 258.82 | -58.27 | 200.55 | 0.23 |
| Feb 20, 26 | 82.41 | -290.62 | -208.21 | 3.53 |