Texas Roadhouse Inc. (TXRH)
NASDAQ: TXRH
· Real-Time Price · USD
177.33
3.40 (1.95%)
At close: Aug 22, 2025, 3:59 PM
177.90
0.32%
After-hours: Aug 22, 2025, 06:17 PM EDT
TXRH Delta Exposure By Expiry
The total Delta Exposure (DEX) for TXRH across all expirations shows -19,186.78 net shares that market makers must hedge, with 236,566.3 from calls and 255,753.08 from puts. The put-call delta ratio of 1.08 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Sep 19, 25 with -65,045.74 net DEX represents significant hedging pressure that could fuel downside acceleration. The nearest expiration on Aug 29, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
TXRH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 6,597.3 | -11,381.48 | -4,784.18 | 1.73 |
| Sep 5, 25 | 10,268.78 | -2,626.56 | 7,642.22 | 0.26 |
| Sep 12, 25 | 1,054.78 | -653.65 | 401.13 | 0.62 |
| Sep 19, 25 | 69,904.78 | -134,950.52 | -65,045.74 | 1.93 |
| Sep 26, 25 | 4,226.54 | -3,360.97 | 865.57 | 0.80 |
| Oct 3, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 7,138.44 | -22,297.54 | -15,159.1 | 3.12 |
| Nov 21, 25 | 21,089.09 | -8,222.97 | 12,866.12 | 0.39 |
| Dec 19, 25 | 87,753.67 | -54,069.42 | 33,684.25 | 0.62 |
| Jan 16, 26 | 13,376 | 0 | 13,376 | 0.00 |
| Mar 20, 26 | 15,156.92 | -18,189.97 | -3,033.05 | 1.20 |