Granite Construction (GVA)
Granite Construction Max Pain By Strike
GVA trades at $109.02, 45.4% above the near-term max pain of $75 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($70-$110), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Granite Construction Max Pain By Expiry
Max pain for GVA shows a downward trend from 110 to 70, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Most levels below 109.02 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 75 | -34.02 (-31.21%) |
| Oct 17, 2025 | 110 | 0.98 (0.90%) |
| Dec 19, 2025 | 70 | -39.02 (-35.79%) |
| Mar 20, 2026 | 100 | -9.02 (-8.27%) |