Pembina Pipeline Corporat... (PBA)
Pembina Pipeline Max Pain By Strike
PBA trades at $36.71, 4.9% above the near-term max pain of $35 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($7.5-$70), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 4 expirations converge.
Pembina Pipeline Max Pain By Expiry
Max pain for PBA shows a downward trend from 70 to 7.5, indicating bearish sentiment or hedging activity. The 184% spread signals divergent expectations across timeframes. Most levels below 36.71 may cap rallies. Strong magnetic level at 35 (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 | 35 | -1.71 (-4.66%) |
| Sep 19, 2025 | 35 | -1.71 (-4.66%) |
| Oct 17, 2025 | 20 | -16.71 (-45.52%) |
| Nov 21, 2025 | 35 | -1.71 (-4.66%) |
| Dec 19, 2025 | 70 | 33.29 (90.68%) |
| Jan 16, 2026 | 7.5 | -29.21 (-79.57%) |
| Feb 20, 2026 | 35 | -1.71 (-4.66%) |