SPDR Portfolio S&P 600 Sm... (SPSM)
AMEX: SPSM
· Real-Time Price · USD
46.69
-0.15 (-0.32%)
At close: Oct 06, 2025, 3:59 PM
46.68
-0.01%
After-hours: Oct 06, 2025, 07:11 PM EDT
SPSM Delta Exposure By Expiry
The total Delta Exposure (DEX) for SPSM across all expirations shows 23,239.07 net shares that market makers must hedge, with 24,152.2 from calls and 913.13 from puts. The put-call delta ratio of 0.04 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
SPSM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 11,051.46 | -410.07 | 10,641.39 | 0.04 |
| Nov 21, 25 | 511.41 | -319.36 | 192.05 | 0.62 |
| Dec 19, 25 | 3,831.23 | -78.68 | 3,752.55 | 0.02 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 8,758.1 | -105.02 | 8,653.08 | 0.01 |