(PBP)
Max Pain By Strike
PBP trades at $22.01, 15.8% above the near-term max pain of $19 expiring Sep 19, 2025 (23 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 17 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for PBP shows an upward trend from 7 to 20, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Most levels below 22.01 may cap rallies. 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 19, 2025 | 19 | -3.01 (-13.68%) |
| Oct 17, 2025 | 17 | -5.01 (-22.76%) |
| Dec 19, 2025 | 20 | -2.01 (-9.13%) |
| Jan 16, 2026 | 7 | -15.01 (-68.20%) |
| Mar 20, 2026 | 17 | -5.01 (-22.76%) |