Data through close

PBR gamma max, delta neutral & open interest levels

As of close · rank #40 by open interest · 1,379 sessions of history since Dec 1, 2020

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Close
21.20
prev 21.38
Gamma max
20.88
-1.5% from close
Delta neutral
18.10
-14.6% from close
Gamma neutral
17.01
-19.8% from close
Open interest
2,531,503
+0.6% vs prev
Contracts listed
483
304 calls · 251 puts

PBR closed 1.5% above its gamma max of 20.88. It is 14.6% above the delta neutral price of 18.10. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 2,531,503, +0.6% versus the previous session. What gamma max means · What delta neutral means

One-year history

2025-092026-09
close delta neutral gamma max

Last 252 sessions

Sessions closed above gamma max10%
Gamma max crosses11
Delta neutral crosses7
Open interest percentile (1y)100th
Open interest change, 5 sessions+5.9%
Open interest change, 21 sessions+24.1%
History availableDec 1, 2020 → Sep 11, 2026

Recent crosses

  1. closed above gamma max at 21.20 vs 20.88 (+1.5%)
  2. closed above delta neutral at 17.32 vs 17.30 (+0.1%)
  3. closed below delta neutral at 17.03 vs 17.34 (-1.8%)
  4. closed above delta neutral at 17.24 vs 17.23 (+0.0%)
  5. closed below delta neutral at 17.34 vs 17.50 (-0.9%)
  6. closed below gamma max at 18.80 vs 19.87 (-5.7%)
  7. closed above gamma max at 17.60 vs 17.14 (+2.6%)
  8. closed below gamma max at 16.73 vs 16.81 (-0.5%)
  9. closed above gamma max at 16.63 vs 16.34 (+1.8%)
  10. closed below gamma max at 16.61 vs 16.86 (-1.5%)

In today's screens

Neighbours by open interest

Questions people ask about PBR

Where is PBR's gamma max today?

As of Sep 11, 2026, the gamma max for PBR is 20.88, -1.5% from the 21.20 close. Gamma max is the underlying price at which the summed gamma of every open contract is largest; how it is computed and why it matters.

Is PBR above or below its delta neutral price?

PBR closed above delta neutral: 21.20 against a delta neutral price of 18.10. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PBR have?

2,531,503 contracts of open interest across 483 listed contracts on Sep 11, 2026, +0.6% versus the previous session. What open interest measures.

Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.