(PZA)
AMEX: PZA
· Real-Time Price · USD
22.86
0.08 (0.35%)
At close: Sep 10, 2025, 1:24 PM
PZA Delta Exposure By Expiry
The total Delta Exposure (DEX) for PZA across all expirations shows 16,678.5 net shares that market makers must hedge, with 17,069.9 from calls and 391.4 from puts. The put-call delta ratio of 0.02 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
PZA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 1.78 | -3.78 | -2 | 2.12 |
| Oct 17, 25 | 471.74 | -132.3 | 339.44 | 0.28 |
| Jan 16, 26 | 202.06 | -255.32 | -53.26 | 1.26 |
| Apr 17, 26 | 16,394.32 | 0 | 16,394.32 | 0.00 |