Jbs N.v. (JBS)
NYSE: JBS
· Real-Time Price · USD
15.37
0.03 (0.20%)
At close: Aug 22, 2025, 3:59 PM
15.28
-0.55%
After-hours: Aug 22, 2025, 07:30 PM EDT
JBS Delta Exposure By Expiry
The total Delta Exposure (DEX) for JBS across all expirations shows 733,136.22 net shares that market makers must hedge, with 833,988.82 from calls and 100,852.6 from puts. The put-call delta ratio of 0.12 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Jan 16, 26 with 624,176.43 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.
JBS DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 18,637 | -1,038.64 | 17,598.36 | 0.06 |
| Oct 17, 25 | 86,290.22 | -600.44 | 85,689.78 | 0.01 |
| Nov 21, 25 | 897.34 | -4,937.18 | -4,039.84 | 5.50 |
| Dec 19, 25 | 726.3 | -5,404.44 | -4,678.14 | 7.44 |
| Jan 16, 26 | 710,554.94 | -86,378.51 | 624,176.43 | 0.12 |
| Apr 17, 26 | 16,883.02 | -2,493.39 | 14,389.63 | 0.15 |