Plains All American Pipel... (PAA)
NASDAQ: PAA
· Real-Time Price · USD
17.72
0.03 (0.17%)
At close: Sep 26, 2025, 3:59 PM
17.65
-0.40%
After-hours: Sep 26, 2025, 07:54 PM EDT
PAA Delta Exposure By Expiry
The total Delta Exposure (DEX) for PAA across all expirations shows 285,183.76 net shares that market makers must hedge, with 572,407.42 from calls and 287,223.66 from puts. The put-call delta ratio of 0.50 suggests neutral market maker positioning.
PAA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 3, 25 | 4,196.39 | -1,841.85 | 2,354.54 | 0.44 |
| Oct 10, 25 | 1,115.02 | -914.42 | 200.6 | 0.82 |
| Oct 17, 25 | 114,345.41 | -57,536.58 | 56,808.83 | 0.50 |
| Oct 24, 25 | 1,464.19 | -159.42 | 1,304.77 | 0.11 |
| Oct 31, 25 | 648.75 | -208.2 | 440.55 | 0.32 |
| Nov 7, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 215,354.68 | -23,732.61 | 191,622.07 | 0.11 |
| Jan 16, 26 | 97,918.92 | -137,189.59 | -39,270.67 | 1.40 |
| Feb 20, 26 | 36,849.23 | -6,711.77 | 30,137.46 | 0.18 |
| May 15, 26 | 439.3 | -220.81 | 218.49 | 0.50 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 95,356.15 | -57,471.13 | 37,885.02 | 0.60 |
| Jan 21, 28 | 4,719.38 | -1,237.28 | 3,482.1 | 0.26 |