AMEX: PGX · Real-Time Price · USD
11.43
-0.01 (-0.09%)
At close: Aug 15, 2025, 3:59 PM
11.44
0.13%
After-hours: Aug 15, 2025, 06:26 PM EDT

PGX Delta Exposure By Expiry

The total Delta Exposure (DEX) for PGX across all expirations shows 209.38 net shares that market makers must hedge, with 383.68 from calls and 174.3 from puts. The put-call delta ratio of 0.45 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Dec 19, 25 with 171.35 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.

PGX DEX Table

Expiry Date Call Delta Put Delta Net Delta P/C Delta
Sep 19, 25 168.77 -130.74 38.03 0.77
Oct 17, 25 0 0 0 n/a
Dec 19, 25 214.91 -43.56 171.35 0.20
Mar 20, 26 0 0 0 n/a