BigBear.ai Inc. (BBAI)
NYSE: BBAI
· Real-Time Price · USD
6.15
0.31 (5.31%)
At close: Aug 15, 2025, 3:59 PM
6.11
-0.65%
After-hours: Aug 15, 2025, 07:58 PM EDT
BBAI Delta Exposure By Expiry
The total Delta Exposure (DEX) for BBAI across all expirations shows 1,593,755.2 net shares that market makers must hedge, with 2,042,413.48 from calls and 448,658.28 from puts. The put-call delta ratio of 0.22 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 15, 27 with 572,907.24 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
BBAI DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 76,652.65 | -46,587.72 | 30,064.93 | 0.61 |
| Aug 29, 25 | 43,845.34 | -30,851.03 | 12,994.31 | 0.70 |
| Sep 5, 25 | 29,034.19 | -14,133.26 | 14,900.93 | 0.49 |
| Sep 12, 25 | 24,007.47 | -8,101.55 | 15,905.92 | 0.34 |
| Sep 19, 25 | 318,609.74 | -123,816.02 | 194,793.72 | 0.39 |
| Sep 26, 25 | 48,971.06 | -5,878.02 | 43,093.04 | 0.12 |
| Oct 17, 25 | 968.86 | -7,417.03 | -6,448.17 | 7.66 |
| Dec 19, 25 | 174,202.47 | -74,962.34 | 99,240.13 | 0.43 |
| Jan 16, 26 | 634,427.36 | -89,710.74 | 544,716.62 | 0.14 |
| Mar 20, 26 | 79,444.68 | -7,858.15 | 71,586.53 | 0.10 |
| Jan 15, 27 | 612,249.66 | -39,342.42 | 572,907.24 | 0.06 |