(GLD)
AMEX: GLD
· Real-Time Price · USD
306.93
-0.02 (-0.01%)
At close: Aug 19, 2025, 10:26 AM
GLD Delta Exposure By Expiry
The total Delta Exposure (DEX) for GLD across all expirations shows 131,219,382.74 net shares that market makers must hedge, with 185,792,123.4 from calls and 54,572,740.66 from puts. The put-call delta ratio of 0.29 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 37,483,007.87 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 20, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
GLD DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 20, 25 | 284,591.74 | -1,063,722.8 | -779,131.06 | 3.74 |
| Aug 22, 25 | 2,175,194.77 | -3,170,238.94 | -995,044.17 | 1.46 |
| Aug 25, 25 | 206,552.64 | -1,022,260.02 | -815,707.38 | 4.95 |
| Aug 27, 25 | 89,870.75 | -95,312.07 | -5,441.32 | 1.06 |
| Aug 29, 25 | 4,632,845.47 | -3,053,503.6 | 1,579,341.87 | 0.66 |
| Sep 5, 25 | 1,389,417.23 | -1,137,724.8 | 251,692.43 | 0.82 |
| Sep 12, 25 | 5,861,925.43 | -975,154.49 | 4,886,770.94 | 0.17 |
| Sep 19, 25 | 50,719,475.37 | -13,236,467.5 | 37,483,007.87 | 0.26 |
| Sep 26, 25 | 463,762.1 | -721,266.71 | -257,504.61 | 1.56 |
| Sep 30, 25 | 6,018,903.96 | -930,586.31 | 5,088,317.65 | 0.15 |
| Oct 17, 25 | 15,993,299.45 | -7,252,090.13 | 8,741,209.32 | 0.45 |
| Nov 21, 25 | 3,466,299.54 | -1,349,573.01 | 2,116,726.53 | 0.39 |
| Dec 19, 25 | 12,615,496.74 | -3,025,815.84 | 9,589,680.9 | 0.24 |
| Dec 31, 25 | 2,769,577.77 | -859,763.92 | 1,909,813.85 | 0.31 |
| Jan 16, 26 | 35,788,054.65 | -4,939,204.9 | 30,848,849.75 | 0.14 |
| Mar 20, 26 | 8,244,178.49 | -3,681,277.95 | 4,562,900.54 | 0.45 |
| Mar 31, 26 | 1,811,054.05 | -972,246.77 | 838,807.28 | 0.54 |
| May 15, 26 | 1,379,957.74 | -250,034.04 | 1,129,923.7 | 0.18 |
| Jun 18, 26 | 16,917,275.16 | -3,970,653.25 | 12,946,621.91 | 0.23 |
| Jun 30, 26 | 587,708.84 | -162,230.98 | 425,477.86 | 0.28 |