(DBE)
AMEX: DBE
· Real-Time Price · USD
18.68
0.13 (0.68%)
At close: Aug 18, 2025, 3:59 PM
18.66
-0.08%
After-hours: Aug 18, 2025, 04:31 PM EDT
DBE Delta Exposure By Expiry
The total Delta Exposure (DEX) for DBE across all expirations shows 12.99 net shares that market makers must hedge, with 141.41 from calls and 128.42 from puts. The put-call delta ratio of 0.91 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 128.83 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
DBE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 12.58 | -122.97 | -110.39 | 9.78 |
| Oct 17, 25 | 128.83 | 0 | 128.83 | 0.00 |
| Jan 16, 26 | 0 | -5.45 | -5.45 | n/a |
| Apr 17, 26 | 0 | 0 | 0 | n/a |