Twilio Inc. (TWLO)
NYSE: TWLO
· Real-Time Price · USD
106.44
3.29 (3.19%)
At close: Aug 28, 2025, 3:59 PM
106.27
-0.16%
Pre-market: Aug 29, 2025, 04:20 AM EDT
TWLO Delta Exposure By Expiry
The total Delta Exposure (DEX) for TWLO across all expirations shows 1,601,820.29 net shares that market makers must hedge, with 2,815,259.59 from calls and 1,213,439.3 from puts. The put-call delta ratio of 0.43 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 666,461.68 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 5, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
TWLO DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 5, 25 | 111,678.98 | -31,158.97 | 80,520.01 | 0.28 |
| Sep 12, 25 | 43,558.65 | -16,447.55 | 27,111.1 | 0.38 |
| Sep 19, 25 | 534,788.26 | -327,885.71 | 206,902.55 | 0.61 |
| Sep 26, 25 | 51,484.05 | -6,524.33 | 44,959.72 | 0.13 |
| Oct 3, 25 | 816.39 | -4,540.17 | -3,723.78 | 5.56 |
| Oct 10, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 316,566.52 | -135,556.94 | 181,009.58 | 0.43 |
| Nov 21, 25 | 152,180.69 | -61,638.8 | 90,541.89 | 0.41 |
| Dec 19, 25 | 0 | 0 | 0 | n/a |
| Jan 16, 26 | 1,062,574.39 | -396,112.71 | 666,461.68 | 0.37 |
| Mar 20, 26 | 126,582.8 | -79,528.9 | 47,053.9 | 0.63 |
| Apr 17, 26 | 9,624.14 | -2,970.84 | 6,653.3 | 0.31 |
| Jun 18, 26 | 127,479.49 | -68,387.24 | 59,092.25 | 0.54 |
| Sep 18, 26 | 14,762.37 | -8,464.7 | 6,297.67 | 0.57 |
| Jan 15, 27 | 263,162.86 | -74,222.44 | 188,940.42 | 0.28 |