Invesco S&P 500 Quality ETF (SPHQ) ETF Delta Exposure by Expiration - Options Greeks Analysis - Stocknear

Invesco S&P 500 Quality E...

AMEX: SPHQ · Real-Time Price · USD
73.99
0.04 (0.05%)
At close: Oct 06, 2025, 3:59 PM
73.44
-0.74%
After-hours: Oct 06, 2025, 05:29 PM EDT

SPHQ Delta Exposure By Expiry

The total Delta Exposure (DEX) for SPHQ across all expirations shows 6,372.33 net shares that market makers must hedge, with 7,505.39 from calls and 1,133.06 from puts. The put-call delta ratio of 0.15 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.

SPHQ DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Oct 17, 25 874.19 -743.54 130.65 0.85
Nov 21, 25 67.83 0 67.83 0.00
Jan 16, 26 6,563.37 -389.52 6,173.85 0.06
Apr 17, 26 0 0 0 n/a