SPDR Gold Shares (GLD) ETF Delta Exposure by Expiration - Options Greeks Analysis - Stocknear

SPDR Gold Shares

AMEX: GLD · Real-Time Price · USD
372.25
5.99 (1.64%)
At close: Oct 08, 2025, 3:59 PM
369.18
-0.82%
After-hours: Oct 08, 2025, 07:59 PM EDT

GLD Delta Exposure By Expiry

The total Delta Exposure (DEX) for GLD across all expirations shows 292,969,013.38 net shares that market makers must hedge, with 444,660,326.24 from calls and 151,691,312.86 from puts. The put-call delta ratio of 0.34 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.

GLD DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Oct 10, 25 15,246,947.02 -26,439,900.33 -11,192,953.31 1.73
Oct 13, 25 1,497,544.87 -3,993,791.54 -2,496,246.67 2.67
Oct 15, 25 1,728,530.92 -3,991,239.6 -2,262,708.68 2.31
Oct 17, 25 114,996,035.46 -30,954,045.48 84,041,989.98 0.27
Oct 20, 25 420,555.94 -2,658,315.08 -2,237,759.14 6.32
Oct 22, 25 0 0 0 n/a
Oct 24, 25 17,178,655.04 -6,723,171.93 10,455,483.11 0.39
Oct 31, 25 4,261,391.24 -8,026,761.41 -3,765,370.17 1.88
Nov 7, 25 2,181,585.11 -3,699,956.07 -1,518,370.96 1.70
Nov 14, 25 775,329.25 -921,110.4 -145,781.15 1.19
Nov 21, 25 46,854,918.8 -26,400,373.44 20,454,545.36 0.56
Dec 19, 25 44,679,641.68 -13,298,022.27 31,381,619.41 0.30
Dec 31, 25 8,288,047.28 -2,449,380.61 5,838,666.67 0.30
Jan 16, 26 67,933,513.46 -8,032,540.84 59,900,972.62 0.12
Feb 20, 26 1,237,097.97 -288,393.1 948,704.87 0.23
Mar 20, 26 29,269,903.86 -4,604,289.87 24,665,613.99 0.16
Mar 31, 26 4,028,384.41 -834,538.08 3,193,846.33 0.21
May 15, 26 4,246,900.68 -427,855.41 3,819,045.27 0.10
Jun 18, 26 39,153,417.97 -2,926,559.25 36,226,858.72 0.07
Jun 30, 26 1,907,509.13 -245,363.68 1,662,145.45 0.13