Patria Investments Limite... (PAX)

PAX trades at $14.3, 14.4% above the near-term max pain of $12.5 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$15), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PAX shows a downward trend from 15 to 12.5, indicating bearish sentiment or hedging activity. The 19% spread signals divergent expectations across timeframes. Most levels below 14.3 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.