Potbelly Corporation (PBPB)

PBPB trades at $17.07, 6.7% above the near-term max pain of $16 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($9-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PBPB shows a downward trend from 95 to 9, indicating bearish sentiment or hedging activity. The 295% spread signals divergent expectations across timeframes. Most levels below 17.07 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.