PCB Bancorp (PCB)
NASDAQ: PCB
· Real-Time Price · USD
21.38
-0.35 (-1.61%)
At close: Aug 15, 2025, 3:59 PM
21.42
0.19%
After-hours: Aug 15, 2025, 04:10 PM EDT
PCB Delta Exposure By Expiry
The total Delta Exposure (DEX) for PCB across all expirations shows 613.25 net shares that market makers must hedge, with 1,264.52 from calls and 651.27 from puts. The put-call delta ratio of 0.52 suggests neutral market maker positioning. The largest delta concentration at Oct 17, 25 with 338.23 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
PCB DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 0 | 0 | 0 | n/a |
| Oct 17, 25 | 854.27 | -516.04 | 338.23 | 0.60 |
| Jan 16, 26 | 410.25 | -135.23 | 275.02 | 0.33 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |