Data through close

PBR.A gamma max, delta neutral & open interest levels

As of close · rank #414 by open interest · 952 sessions of history since Dec 1, 2020

Chart Cross outcomes Download CSV
Close
19.57
prev 19.07
Gamma max
19.67
+0.5% from close
Delta neutral
12.72
-35.0% from close
Gamma neutral
8.97
-54.1% from close
Open interest
218,188
+0.0% vs prev
Contracts listed
50
41 calls · 31 puts

PBR.A closed 0.5% below its gamma max of 19.67. It is 35.0% above the delta neutral price of 12.72. Total open interest is 218,188, +0.0% versus the previous session. What gamma max means · What delta neutral means

History

2023-092026-09
close delta neutral gamma max
Full history since 2020: zoom, hover, toggle series. Open full-screen chart

What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 14 completed Day +10 paths · latest Sep 8, 2026
PBR.A returns after crossing below gamma maxHistorical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median.-16.0%-8.0%0%+8.0%+16.0%Cross on Apr 28, 2021Cross on Feb 28, 2022Cross on Mar 15, 2022Cross on Mar 22, 2022Cross on Oct 20, 2022Cross on Oct 24, 2022Cross on Jan 18, 2023Cross on Jan 20, 2023Cross on Jan 27, 2023Cross on Feb 1, 2023Cross on Feb 22, 2023Cross on Feb 28, 2023Cross on Mar 7, 2023Cross on Jun 22, 2023Day 0+1+2+3+4+5+6+7+8+9+10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
HorizonnMedianMiddle 50%Above zeroNominal ≥90% median intervalConfidence floor
Day +116+0.6%-1.3% to +3.3%63%-1.2% to +3.3%0.0%
Day +216-0.4%-3.0% to +2.2%50%-3.0% to +2.0%0.0%
Day +316+1.0%-2.1% to +2.2%63%-1.8% to +1.6%0.0%
Day +416-0.6%-3.8% to +2.8%50%-3.3% to +2.7%0.0%
Day +515-1.8%-4.0% to +1.0%27%-4.9% to +2.2%0.0%
Day +615-1.1%-5.3% to +1.7%33%-6.1% to +1.9%0.0%
Day +715+0.3%-3.3% to +3.9%53%-5.0% to +3.9%0.0%
Day +814+0.8%-4.6% to +3.5%57%-5.7% to +3.9%0.0%
Day +914-2.4%-7.6% to +5.4%36%-8.4% to +6.8%0.0%
Day +1014-2.3%-7.7% to +4.0%43%-7.9% to +4.5%0.0%
Crosses above gamma max 11 completed Day +10 paths · latest Sep 3, 2026
PBR.A returns after crossing above gamma maxHistorical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median.-16.0%-8.0%0%+8.0%+16.0%Cross on Mar 2, 2022Cross on Oct 18, 2022Cross on Oct 21, 2022Cross on Jan 17, 2023Cross on Jan 19, 2023Cross on Jan 23, 2023Cross on Jan 31, 2023Cross on Feb 17, 2023Cross on Feb 23, 2023Cross on Mar 6, 2023Cross on Jun 20, 2023Day 0+1+2+3+4+5+6+7+8+9+10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
HorizonnMedianMiddle 50%Above zeroNominal ≥90% median intervalConfidence floor
Day +113-1.3%-3.0% to +1.5%38%-3.0% to +1.5%0.0%
Day +213-0.5%-2.7% to +2.3%46%-2.7% to +2.3%0.0%
Day +313-0.3%-5.9% to +1.3%46%-5.9% to +1.3%0.0%
Day +413-1.8%-4.5% to +3.0%38%-4.5% to +3.0%0.0%
Day +513-2.5%-4.5% to +2.6%38%-4.5% to +2.6%0.0%
Day +613-1.2%-5.2% to +0.3%31%-5.2% to +0.3%0.0%
Day +712-3.6%-5.2% to +0.4%33%-5.9% to +0.5%0.0%
Day +812-6.0%-7.4% to -0.4%17%-8.2% to -0.2%-0.2%
Day +911-4.1%-11.4% to -1.0%18%-11.6% to -0.1%-0.1%
Day +1011-3.3%-10.5% to -2.1%9%-10.7% to -1.6%-1.6%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

Sessions closed above gamma max2%
Gamma max crosses7
Delta neutral crosses0
Prior-year sessions closer to gamma max2.3% of 219
Prior-year sessions closer to delta neutral94.1% of 219
Open interest percentile (1y)100th
Open interest change, 5 sessions+0.2%
Open interest change, 21 sessions+4.1%
History availableDec 1, 2020 → Sep 15, 2026

Recent crosses

  1. closed below gamma max at 18.86 vs 19.49 (-3.3%)
  2. closed above gamma max at 18.58 vs 18.19 (+2.1%)
  3. closed below gamma max at 18.81 vs 19.47 (-3.5%)
  4. closed above gamma max at 18.20 vs 18.17 (+0.2%)
  5. closed below gamma max at 15.57 vs 16.86 (-8.3%)
  6. closed above gamma max at 15.34 vs 12.35 (+19.5%)
  7. closed above gamma max at 15.79 vs 12.97 (+17.9%)
  8. closed above delta neutral at 12.67 vs 12.52 (+1.2%)
  9. closed below delta neutral at 12.44 vs 12.46 (-0.1%)
  10. closed above delta neutral at 12.54 vs 12.52 (+0.2%)

In today's screens

Neighbours by open interest

← GEO (#413) USB (#415) →

Questions people ask about PBR.A

Where is PBR.A's gamma max today?

As of Sep 15, 2026, the gamma max for PBR.A is 19.67, +0.5% from the 19.57 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.A above or below its delta neutral price?

PBR.A closed above delta neutral: 19.57 against a delta neutral price of 12.72. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PBR.A have?

218,188 contracts of open interest across 50 listed contracts on Sep 15, 2026, +0.0% versus the previous session. What open interest measures.

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