(PHB)
AMEX: PHB
· Real-Time Price · USD
18.67
0.00 (0.00%)
At close: Sep 12, 2025, 3:59 PM
18.66
-0.05%
After-hours: Sep 12, 2025, 05:29 PM EDT
PHB Delta Exposure By Expiry
The total Delta Exposure (DEX) for PHB across all expirations shows -5,397.11 net shares that market makers must hedge, with 3,452.5 from calls and 8,849.61 from puts. The put-call delta ratio of 2.56 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
PHB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 2,746.35 | -4,034.28 | -1,287.93 | 1.47 |
| Oct 17, 25 | 706.15 | -4,815.33 | -4,109.18 | 6.82 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Apr 17, 26 | 0 | 0 | 0 | n/a |