TRU-SENTIMENT · DeltaNeutral
XME Trading Analysis - 10/23/2026 04:56 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
XME (State Street SPDR S&P Metals & Mining ETF) at $96.39. True Sentiment Bearish, delta 40-60 call 18% / put 82%, call $72,140 vs put $321,250. RSI 25.5.
- Symbol
- XME
- Price
- $96.39
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-10-23 16:56:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options)From embedded True Sentiment Options data (2026-10-23):
Call Dollar Volume: $72,140.00 (18.3%) Put Dollar Volume: $321,250.00 (81.7%) Total: $393,390.00
Sentiment is Bearish. Pure directional conviction (Delta 40-60 only) shows 294 put contracts vs 65 call contracts. This suggests strong near-term downside expectations. Divergence: technicals show oversold (RSI 25.46) with no clear direction per spread recommendation, while sentiment is firmly bearish.
Key Statistics: XME
Fundamental Snapshot
Valuation
| Market cap | $3.81B |
| Shares outstanding | 39.5M |
Dividend
| Dividend yield | 0.34% |
| Annual dividend | $0.34 |
| Ex-dividend date | 2026-09-21 |
Risk & range
| Beta | 1.62 |
| 52-week low | $85.63 |
| 52-week high | $135.68 |
| Historical volatility | 28.4% |
Ownership & trading
| Institutional ownership | 7.7% |
| Average daily volume | 1.5M sh |
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