Pampa Energía S.A. (PAM)
NYSE: PAM
· Real-Time Price · USD
60.81
0.20 (0.33%)
At close: Oct 03, 2025, 3:59 PM
61.00
0.30%
After-hours: Oct 03, 2025, 06:07 PM EDT
PAM Delta Exposure By Expiry
The total Delta Exposure (DEX) for PAM across all expirations shows -59,077.22 net shares that market makers must hedge, with 40,418.82 from calls and 99,496.04 from puts. The put-call delta ratio of 2.46 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
PAM DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 6,991.39 | -9,623.86 | -2,632.47 | 1.38 |
| Nov 21, 25 | 7,497.92 | -2,672.06 | 4,825.86 | 0.36 |
| Dec 19, 25 | 14,093.42 | -72,933.8 | -58,840.38 | 5.18 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 11,836.09 | -14,266.32 | -2,430.23 | 1.21 |