Tyler Technologies Inc. (TYL)
NYSE: TYL
· Real-Time Price · USD
568.38
-3.65 (-0.64%)
At close: Aug 18, 2025, 3:59 PM
568.01
-0.06%
After-hours: Aug 18, 2025, 06:25 PM EDT
TYL Delta Exposure By Expiry
The total Delta Exposure (DEX) for TYL across all expirations shows 61,531.44 net shares that market makers must hedge, with 172,256.07 from calls and 110,724.63 from puts. The put-call delta ratio of 0.64 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 61,764.77 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.
TYL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 121,223.17 | -59,458.4 | 61,764.77 | 0.49 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 43,604.01 | -49,725.53 | -6,121.52 | 1.14 |
| Mar 20, 26 | 7,428.89 | -1,540.7 | 5,888.19 | 0.21 |