SPDR S&P Bank ETF (KBE) ETF Delta Exposure by Expiration - Options Greeks Analysis - Stocknear

SPDR S&P Bank ETF

AMEX: KBE · Real-Time Price · USD
59.63
0.35 (0.59%)
At close: Oct 06, 2025, 3:59 PM
59.63
-0.01%
After-hours: Oct 06, 2025, 05:29 PM EDT

KBE Delta Exposure By Expiry

The total Delta Exposure (DEX) for KBE across all expirations shows 288,110.56 net shares that market makers must hedge, with 733,351.9 from calls and 445,241.34 from puts. The put-call delta ratio of 0.61 suggests neutral market maker positioning.

KBE DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Oct 17, 25 26,434.29 -26,153.19 281.1 0.99
Nov 21, 25 3,170.44 -2,341.94 828.5 0.74
Dec 19, 25 273,215.26 -11,094.92 262,120.34 0.04
Jan 16, 26 342,304.8 -327,716.85 14,587.95 0.96
Mar 20, 26 3,916.28 -8,189.91 -4,273.63 2.09
Jun 18, 26 67,757.71 -30,094.91 37,662.8 0.44
Jan 15, 27 15,711.29 -38,976.28 -23,264.99 2.48
Jan 21, 28 841.83 -673.34 168.49 0.80