State Street SPDR S&P Global Dividend ETF (WDIV) Options Greeks
Options Greeks measure sensitivity to various factors: Delta (price), Gamma (delta change), Theta (time decay), and Vega (volatility). They are essential for risk management and position sizing.
State Street SPDR S&P Global Dividend ETF (WDIV) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $265.2M, listed on AMEX, carrying a beta of 0.75 to the broader market. The State Street SPDR S&P Global Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return of the S&P Global Dividend Aristocrats Index (the "Index")Seeks to offer exposure to high dividend yielding global firms that follow a managed-dividends policy of having increasing or stable dividends for at least ten consecutive yearsThe Index includes the top 100 qualified stocks with highest indicated dividend yield, with no more than 20 stocks selected from each country and 35 stocks from each GICS sectorThe weight of each Index constituent is capped at 3%, and no single country or GICS sector can be more than 25% of the Index public since 2013-05-30.
Snapshot as of May 15, 2026.
- Spot Price
- $80.64
- Net Gamma
- $0
- Net Delta
- $0
- Net Vega
- $0
- ATM IV
- 17.1%
As of May 15, 2026, State Street SPDR S&P Global Dividend ETF (WDIV) aggregate Greeks are net delta $0, net gamma $0, net vega $0, ATM IV 17.1%. Delta measures directional exposure, gamma measures the rate of delta change, and vega measures sensitivity to implied volatility. Net aggregate Greeks summarize the total dealer book across all strikes and expirations.
How WDIV options greeks Data Feeds Strategy Selection
Strategy selection on State Street SPDR S&P Global Dividend ETF options does not derive from any single metric in isolation. The options greeks view above sits inside a broader read: ATM IV currently sits at 17.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options greeks data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how options Greeks is reported and how to read the data →
Frequently asked WDIV options greeks questions
- What are the WDIV aggregate Greek exposures?
- As of May 15, 2026, State Street SPDR S&P Global Dividend ETF (WDIV) snapshot Greeks are net delta $0, net gamma $0, net vega $0. These aggregate the dealer book across all listed strikes and expirations under the standard customer-versus-dealer sign convention.
- What does the WDIV net dealer delta tell us?
- Net dealer delta of $0 represents the directional exposure dealers carry from their option inventory. Dealers continuously hedge this exposure with stock, futures, or correlated instruments, so the size of net delta is also the size of hedge flow that will execute as spot moves.
- How do WDIV Greeks inform hedging?
- Delta tracks first-order directional exposure; gamma tracks how quickly delta changes; vega tracks IV sensitivity. Aggregated dealer Greeks let traders read the dealer-positioning regime: long-gamma regimes mean-revert moves; short-gamma regimes amplify them. Vega exposure indicates how dealer P&L responds to vol shocks and hence the direction of vol-shock hedging flows.