Direxion Daily S&P 500 Hi... (HIBL)
AMEX: HIBL
· Real-Time Price · USD
49.98
-0.25 (-0.50%)
At close: Sep 03, 2025, 3:59 PM
50.35
0.74%
Pre-market: Sep 04, 2025, 08:30 AM EDT
HIBL Delta Exposure By Expiry
The total Delta Exposure (DEX) for HIBL across all expirations shows 3,570.38 net shares that market makers must hedge, with 7,828.79 from calls and 4,258.41 from puts. The put-call delta ratio of 0.54 suggests neutral market maker positioning. The largest delta concentration at Nov 21, 25 with 3,337.81 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.
HIBL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 2,870.82 | -3,179.05 | -308.23 | 1.11 |
| Oct 17, 25 | 18.63 | -20.57 | -1.94 | 1.10 |
| Nov 21, 25 | 4,245.94 | -908.13 | 3,337.81 | 0.21 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Feb 20, 26 | 693.4 | -150.66 | 542.74 | 0.22 |