SPDR S&P Homebuilders ETF (XHB)
AMEX: XHB
· Real-Time Price · USD
112.15
0.51 (0.46%)
At close: Oct 03, 2025, 3:59 PM
112.50
0.31%
Pre-market: Oct 06, 2025, 08:54 AM EDT
XHB Delta Exposure By Expiry
The total Delta Exposure (DEX) for XHB across all expirations shows -248,692.21 net shares that market makers must hedge, with 1,850,530.03 from calls and 2,099,222.24 from puts. The put-call delta ratio of 1.13 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
XHB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 10, 25 | 51,497.52 | -36,744.5 | 14,753.02 | 0.71 |
| Oct 17, 25 | 183,676.91 | -596,458.83 | -412,781.92 | 3.25 |
| Oct 24, 25 | 10,285.69 | -4,774.76 | 5,510.93 | 0.46 |
| Oct 31, 25 | 23,227.76 | -12,996.26 | 10,231.5 | 0.56 |
| Nov 7, 25 | 1,718.67 | -249.85 | 1,468.82 | 0.15 |
| Nov 14, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 290,952.19 | -234,010.34 | 56,941.85 | 0.80 |
| Dec 19, 25 | 232,145.77 | -406,478.79 | -174,333.02 | 1.75 |
| Jan 16, 26 | 723,812.74 | -490,948.46 | 232,864.28 | 0.68 |
| Mar 20, 26 | 91,810.85 | -75,046.57 | 16,764.28 | 0.82 |
| Jun 18, 26 | 74,009.48 | -76,891.08 | -2,881.6 | 1.04 |
| Sep 18, 26 | 25,994.72 | -19,034.44 | 6,960.28 | 0.73 |
| Jan 15, 27 | 126,739.44 | -143,470.55 | -16,731.11 | 1.13 |
| Jan 21, 28 | 14,658.29 | -2,117.81 | 12,540.48 | 0.14 |