Potbelly Corporation (PBPB)
Potbelly Max Pain By Strike
PBPB trades at $12.53, 4.4% above the near-term max pain of $12 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($5-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Potbelly Max Pain By Expiry
Max pain for PBPB shows a downward trend from 95 to 5, indicating bearish sentiment or hedging activity. The 380% spread signals divergent expectations across timeframes. Most levels below 12.53 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 |
|---|---|---|
| Aug 15, 2025 | 12 | -0.53 (-4.19%) |
| Sep 19, 2025 | 11 | -1.53 (-12.18%) |
| Oct 17, 2025 | 9 | -3.53 (-28.14%) |
| Jan 16, 2026 | 10 | -2.53 (-20.16%) |
| Apr 17, 2026 | 5 | -7.53 (-60.08%) |
| Dec 18, 2026 | 95 | 82.47 (658.48%) |