Paramount Global (PARA)
Paramount Global Max Pain By Strike
PARA trades at $11.04, 15.1% below the near-term max pain of $13 expiring Sep 12, 2025 (5 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($6-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Paramount Global Max Pain By Expiry
Max pain for PARA shows a downward trend from 17.5 to 6, indicating bearish sentiment or hedging activity. The 87% spread signals divergent expectations across timeframes. Most levels above 11.04 could support dips. Strong magnetic level at 15 (3 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 |
|---|---|---|
| Sep 12, 2025 | 13 | 1.96 (17.75%) |
| Sep 19, 2025 | 15 | 3.96 (35.87%) |
| Sep 26, 2025 | 6 | -5.04 (-45.65%) |
| Oct 17, 2025 | 15 | 3.96 (35.87%) |
| Nov 21, 2025 | 14 | 2.96 (26.81%) |
| Dec 19, 2025 | 17.5 | 6.46 (58.51%) |
| Jan 16, 2026 | 15 | 3.96 (35.87%) |
| Mar 20, 2026 | 13 | 1.96 (17.75%) |
| Jan 15, 2027 | 10 | -1.04 (-9.42%) |