PagSeguro Digital Ltd. (PAGS)
NYSE: PAGS
· Real-Time Price · USD
8.96
0.21 (2.40%)
At close: Aug 15, 2025, 2:17 PM
PAGS Delta Exposure By Expiry
The total Delta Exposure (DEX) for PAGS across all expirations shows 71,577.03 net shares that market makers must hedge, with 128,091.43 from calls and 56,514.4 from puts. The put-call delta ratio of 0.44 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Nov 21, 25 with 24,858.02 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
PAGS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 4,727.35 | -1,047.96 | 3,679.39 | 0.22 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 27,046.04 | -2,188.02 | 24,858.02 | 0.08 |
| Jan 16, 26 | 61,323.33 | -48,058.76 | 13,264.57 | 0.78 |
| Feb 20, 26 | 8,668.31 | -2,583.74 | 6,084.57 | 0.30 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 26,326.4 | -2,635.92 | 23,690.48 | 0.10 |