First Trust NYSE Arca Biotechnology Index Fund (FBT) ETF Delta Exposure by Expiration - Options Greeks Analysis - Stocknear

First Trust NYSE Arca Bio...

AMEX: FBT · Real-Time Price · USD
188.53
-0.61 (-0.32%)
At close: Oct 06, 2025, 3:58 PM
188.48
-0.03%
After-hours: Oct 06, 2025, 05:43 PM EDT

FBT Delta Exposure By Expiry

The total Delta Exposure (DEX) for FBT across all expirations shows 15,930.04 net shares that market makers must hedge, with 16,202.9 from calls and 272.86 from puts. The put-call delta ratio of 0.02 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.

FBT DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Oct 17, 25 11,379.05 -265.57 11,113.48 0.02
Nov 21, 25 4,147.19 -7.29 4,139.9 0.00
Jan 16, 26 0 0 0 n/a
Feb 20, 26 676.66 0 676.66 0.00
May 15, 26 0 0 0 n/a