(XLF)
AMEX: XLF
· Real-Time Price · USD
52.45
-0.56 (-1.06%)
At close: Aug 15, 2025, 3:59 PM
52.55
0.18%
After-hours: Aug 15, 2025, 07:54 PM EDT
XLF Delta Exposure By Expiry
The total Delta Exposure (DEX) for XLF across all expirations shows 17,442,151.21 net shares that market makers must hedge, with 44,365,290.61 from calls and 26,923,139.4 from puts. The put-call delta ratio of 0.61 suggests neutral market maker positioning. The largest delta concentration at Sep 19, 25 with 5,994,407.32 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
XLF DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 198,350.29 | -229,545.65 | -31,195.36 | 1.16 |
| Aug 29, 25 | 105,864.2 | -341,456.07 | -235,591.87 | 3.23 |
| Sep 5, 25 | 43,704.78 | -10,773.06 | 32,931.72 | 0.25 |
| Sep 12, 25 | 35,323.4 | -17,133.18 | 18,190.22 | 0.49 |
| Sep 19, 25 | 10,082,808.18 | -4,088,400.86 | 5,994,407.32 | 0.41 |
| Sep 26, 25 | 4,210.48 | -891.34 | 3,319.14 | 0.21 |
| Sep 30, 25 | 465,325.81 | -647,037.26 | -181,711.45 | 1.39 |
| Oct 17, 25 | 2,759,430.09 | -1,469,041.73 | 1,290,388.36 | 0.53 |
| Nov 21, 25 | 161,398.4 | -383,837.71 | -222,439.31 | 2.38 |
| Dec 19, 25 | 12,432,506.23 | -7,284,326.4 | 5,148,179.83 | 0.59 |
| Dec 31, 25 | 141,059.21 | -31,686.5 | 109,372.71 | 0.22 |
| Jan 16, 26 | 7,869,316.56 | -5,134,477.86 | 2,734,838.7 | 0.65 |
| Mar 20, 26 | 1,188,163.85 | -768,618.26 | 419,545.59 | 0.65 |
| Mar 31, 26 | 48,696.05 | -19,322.35 | 29,373.7 | 0.40 |
| Jun 18, 26 | 1,259,998.77 | -1,989,642.47 | -729,643.7 | 1.58 |
| Jun 30, 26 | 5,525.7 | -38,649.76 | -33,124.06 | 6.99 |
| Sep 18, 26 | 0 | 0 | 0 | n/a |
| Dec 18, 26 | 3,368,440.71 | -1,008,178.75 | 2,360,261.96 | 0.30 |
| Jan 15, 27 | 2,671,208.26 | -2,847,283.58 | -176,075.32 | 1.07 |
| Dec 17, 27 | 1,523,959.64 | -612,836.61 | 911,123.03 | 0.40 |