(SCHH)
AMEX: SCHH
· Real-Time Price · USD
20.98
0.09 (0.43%)
At close: Aug 15, 2025, 11:43 AM
SCHH Delta Exposure By Expiry
The total Delta Exposure (DEX) for SCHH across all expirations shows 408.76 net shares that market makers must hedge, with 1,535.61 from calls and 1,126.85 from puts. The put-call delta ratio of 0.73 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 674.83 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.
SCHH DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 135.98 | -171.53 | -35.55 | 1.26 |
| Oct 17, 25 | 1,238.98 | -564.15 | 674.83 | 0.46 |
| Jan 16, 26 | 141.44 | -391.17 | -249.73 | 2.77 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 0 | 0 | 0 | n/a |
| Aug 21, 26 | 19.21 | 0 | 19.21 | 0.00 |