Par Pacific Inc. (PARR)
Par Pacific Max Pain By Strike
PARR trades at $29.01, 16.0% above the near-term max pain of $25 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Par Pacific Max Pain By Expiry
Max pain for PARR shows an upward trend from 8 to 25, suggesting bullish positioning in longer-dated options. The 86% spread signals divergent expectations across timeframes. Most levels below 29.01 may cap rallies. Strong magnetic level at 25 (4 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 | 25 | -4.01 (-13.82%) |
| Sep 19, 2025 | 25 | -4.01 (-13.82%) |
| Oct 17, 2025 | 15 | -14.01 (-48.29%) |
| Dec 19, 2025 | 25 | -4.01 (-13.82%) |
| Jan 16, 2026 | 8 | -21.01 (-72.42%) |
| Mar 20, 2026 | 25 | -4.01 (-13.82%) |
| Jul 17, 2026 | 15 | -14.01 (-48.29%) |