SPDR Bloomberg High Yield... (JNK)
AMEX: JNK
· Real-Time Price · USD
97.44
0.82 (0.85%)
At close: Aug 22, 2025, 3:59 PM
97.53
0.09%
After-hours: Aug 22, 2025, 06:24 PM EDT
JNK Delta Exposure By Expiry
The total Delta Exposure (DEX) for JNK across all expirations shows 5,454.05 net shares that market makers must hedge, with 58,690.17 from calls and 53,236.12 from puts. The put-call delta ratio of 0.91 suggests neutral market maker positioning. The largest delta concentration at Apr 17, 26 with 19,165.8 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 29, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
JNK DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 1,075.3 | -113.93 | 961.37 | 0.11 |
| Sep 19, 25 | 21,491.07 | -27,855.18 | -6,364.11 | 1.30 |
| Oct 17, 25 | 380.49 | -673.83 | -293.34 | 1.77 |
| Dec 19, 25 | 14,113.85 | -24,313.93 | -10,200.08 | 1.72 |
| Jan 16, 26 | 1,404.3 | 0 | 1,404.3 | 0.00 |
| Mar 20, 26 | 1,059.36 | -279.25 | 780.11 | 0.26 |
| Apr 17, 26 | 19,165.8 | 0 | 19,165.8 | 0.00 |