Consumer Discretionary Se... (XLY)
AMEX: XLY
· Real-Time Price · USD
232.62
-0.48 (-0.21%)
At close: Aug 25, 2025, 3:59 PM
232.68
0.03%
After-hours: Aug 25, 2025, 06:24 PM EDT
XLY Delta Exposure By Expiry
The total Delta Exposure (DEX) for XLY across all expirations shows 6,223,451.99 net shares that market makers must hedge, with 11,887,915.32 from calls and 5,664,463.33 from puts. The put-call delta ratio of 0.48 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 3,795,312.85 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.
XLY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 29, 25 | 76,750.64 | -68,888.62 | 7,862.02 | 0.90 |
| Sep 5, 25 | 8,685.68 | -4,013.26 | 4,672.42 | 0.46 |
| Sep 12, 25 | 17,008.58 | -1,766.94 | 15,241.64 | 0.10 |
| Sep 19, 25 | 5,253,705.11 | -1,458,392.26 | 3,795,312.85 | 0.28 |
| Sep 26, 25 | 4,853.37 | -1,181.22 | 3,672.15 | 0.24 |
| Oct 3, 25 | 0 | -407.32 | -407.32 | n/a |
| Oct 17, 25 | 626,988.72 | -308,086.2 | 318,902.52 | 0.49 |
| Dec 19, 25 | 2,443,809.45 | -934,056.4 | 1,509,753.05 | 0.38 |
| Jan 16, 26 | 1,910,987.42 | -922,994.87 | 987,992.55 | 0.48 |
| Mar 20, 26 | 402,745.22 | -307,327.92 | 95,417.3 | 0.76 |
| Jun 18, 26 | 465,670.77 | -401,998.69 | 63,672.08 | 0.86 |
| Sep 18, 26 | 151.97 | 0 | 151.97 | 0.00 |
| Dec 18, 26 | 350,869.78 | -951,564.2 | -600,694.42 | 2.71 |
| Jan 15, 27 | 325,688.61 | -303,785.43 | 21,903.18 | 0.93 |