Petróleo Brasileiro S.A. ... (PBR)
NYSE: PBR
· Real-Time Price · USD
12.24
0.03 (0.25%)
At close: Sep 08, 2025, 3:59 PM
12.23
-0.12%
After-hours: Sep 08, 2025, 07:59 PM EDT
PBR Delta Exposure By Expiry
The total Delta Exposure (DEX) for PBR across all expirations shows -1,932,540.96 net shares that market makers must hedge, with 1,135,207.91 from calls and 3,067,748.87 from puts. The put-call delta ratio of 2.70 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached.
PBR DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 12, 25 | 20,763.24 | -8,798.94 | 11,964.3 | 0.42 |
| Sep 19, 25 | 131,588.82 | -735,627.52 | -604,038.7 | 5.59 |
| Sep 26, 25 | 11,620.59 | -5,582.42 | 6,038.17 | 0.48 |
| Oct 3, 25 | 3,474.6 | -208.25 | 3,266.35 | 0.06 |
| Oct 10, 25 | 562.11 | -236.24 | 325.87 | 0.42 |
| Oct 17, 25 | 84,349.58 | -62,324.33 | 22,025.25 | 0.74 |
| Oct 24, 25 | 0 | 0 | 0 | n/a |
| Nov 21, 25 | 20,280.77 | -87,534.54 | -67,253.77 | 4.32 |
| Dec 19, 25 | 123,256.77 | -57,431.28 | 65,825.49 | 0.47 |
| Jan 16, 26 | 247,420.78 | -1,264,866.08 | -1,017,445.3 | 5.11 |
| Mar 20, 26 | 83,373.19 | -267,964.57 | -184,591.38 | 3.21 |
| Apr 17, 26 | 186.61 | -1,411.9 | -1,225.29 | 7.57 |
| Jun 18, 26 | 67,352.99 | -115,205.33 | -47,852.34 | 1.71 |
| Sep 18, 26 | 21,409 | -19,432.73 | 1,976.27 | 0.91 |
| Dec 18, 26 | 147,787.48 | -211,409.71 | -63,622.23 | 1.43 |
| Jan 15, 27 | 171,781.38 | -229,715.03 | -57,933.65 | 1.34 |