(XLE)
AMEX: XLE
· Real-Time Price · USD
88.85
-0.28 (-0.31%)
At close: Sep 12, 2025, 1:29 PM
XLE Delta Exposure By Expiry
The total Delta Exposure (DEX) for XLE across all expirations shows -3,203,866.18 net shares that market makers must hedge, with 24,761,285.44 from calls and 27,965,151.62 from puts. The put-call delta ratio of 1.13 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
XLE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 5,337,848 | -2,805,086.65 | 2,532,761.35 | 0.53 |
| Sep 26, 25 | 198,009.66 | -31,237.56 | 166,772.1 | 0.16 |
| Sep 30, 25 | 773,862.14 | -243,618.46 | 530,243.68 | 0.31 |
| Oct 3, 25 | 19,238.49 | -13,713.06 | 5,525.43 | 0.71 |
| Oct 10, 25 | 22,485.19 | -7,274.53 | 15,210.66 | 0.32 |
| Oct 17, 25 | 2,041,754.98 | -1,695,891.97 | 345,863.01 | 0.83 |
| Oct 24, 25 | 11,132.97 | -4,229.49 | 6,903.48 | 0.38 |
| Nov 21, 25 | 672,407.96 | -626,748.19 | 45,659.77 | 0.93 |
| Dec 19, 25 | 3,550,324.79 | -4,115,593.06 | -565,268.27 | 1.16 |
| Dec 31, 25 | 378,899.51 | -209,565.76 | 169,333.75 | 0.55 |
| Jan 16, 26 | 2,557,116.96 | -5,963,162.49 | -3,406,045.53 | 2.33 |
| Feb 20, 26 | 32,975.49 | -277,220.61 | -244,245.12 | 8.41 |
| Mar 20, 26 | 2,478,252.48 | -1,656,317.46 | 821,935.02 | 0.67 |
| Mar 31, 26 | 200,944.91 | -217,110.14 | -16,165.23 | 1.08 |
| Apr 17, 26 | 1,678.63 | -2,448.5 | -769.87 | 1.46 |
| Jun 18, 26 | 1,766,723.33 | -3,568,864.16 | -1,802,140.83 | 2.02 |
| Jun 30, 26 | 61,614.53 | -563,392.51 | -501,777.98 | 9.14 |
| Sep 18, 26 | 631,251.92 | -586,803.12 | 44,448.8 | 0.93 |
| Dec 18, 26 | 635,624.18 | -1,804,504.56 | -1,168,880.38 | 2.84 |
| Jan 15, 27 | 1,203,058.05 | -2,518,982.82 | -1,315,924.77 | 2.09 |