Plains All American Pipel... (PAA)
Plains All American Pipeline L.P. Max Pain By Strike
PAA trades at $17.68, pinned near the near-term max pain of $18 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($17-$3260), indicating stable market expectations. Key magnetic zone at 18 where 7 expirations converge.
Plains All American Pipeline L.P. Max Pain By Expiry
Max pain for PAA shows stable levels around 267.00, reflecting balanced market expectations. The 1215% spread signals divergent expectations across timeframes. Levels distributed around 17.68. Strong magnetic level at 18 (7 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 18 | 0.32 (1.84%) |
| Aug 22, 2025 | 18 | 0.32 (1.84%) |
| Aug 29, 2025 | 18 | 0.32 (1.84%) |
| Sep 5, 2025 | 18 | 0.32 (1.84%) |
| Sep 12, 2025 | 18 | 0.32 (1.84%) |
| Sep 19, 2025 | 18 | 0.32 (1.84%) |
| Sep 26, 2025 | 17 | -0.68 (-3.82%) |
| Oct 17, 2025 | 17 | -0.68 (-3.82%) |
| Nov 21, 2025 | 17 | -0.68 (-3.82%) |
| Jan 16, 2026 | 17 | -0.68 (-3.82%) |
| Feb 20, 2026 | 18 | 0.32 (1.84%) |
| Dec 18, 2026 | 3260 | 3242.32 (18344.13%) |
| Jan 15, 2027 | 17 | -0.68 (-3.82%) |