Gerdau S.A. (GGB)
NYSE: GGB
· Real-Time Price · USD
3.12
0.02 (0.65%)
At close: Sep 11, 2025, 12:06 PM
GGB Delta Exposure By Expiry
The total Delta Exposure (DEX) for GGB across all expirations shows 20,867.85 net shares that market makers must hedge, with 21,967.85 from calls and 1,100 from puts. The put-call delta ratio of 0.05 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
GGB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 12,813.33 | -990.42 | 11,822.91 | 0.08 |
| Oct 17, 25 | 1.08 | -25.13 | -24.05 | 23.27 |
| Dec 19, 25 | 5,217.08 | -35.56 | 5,181.52 | 0.01 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 3,936.36 | -48.89 | 3,887.47 | 0.01 |