Petróleo Brasileiro S.A. ... (PBR)
Petróleo Brasileiro S.A. - Petrobras Max Pain By Strike
PBR trades at $12.09, 3.3% below the near-term max pain of $12.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($4-$15), signaling increased put positioning or downside protection. Key magnetic zone at 12 where 9 expirations converge.
Petróleo Brasileiro S.A. - Petrobras Max Pain By Expiry
Max pain for PBR shows a downward trend from 15 to 4, indicating bearish sentiment or hedging activity. The 91% spread signals divergent expectations across timeframes. Levels distributed around 12.09. Strong magnetic level at 12 (9 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 | 12.5 | 0.41 (3.43%) |
| Aug 22, 2025 | 12.5 | 0.41 (3.43%) |
| Aug 29, 2025 | 12 | -0.09 (-0.70%) |
| Sep 5, 2025 | 12 | -0.09 (-0.70%) |
| Sep 12, 2025 | 12 | -0.09 (-0.70%) |
| Sep 19, 2025 | 14 | 1.91 (15.85%) |
| Sep 26, 2025 | 11.5 | -0.59 (-4.84%) |
| Oct 17, 2025 | 12 | -0.09 (-0.70%) |
| Nov 21, 2025 | 12 | -0.09 (-0.70%) |
| Dec 19, 2025 | 12 | -0.09 (-0.70%) |
| Jan 16, 2026 | 15 | 2.91 (24.12%) |
| Mar 20, 2026 | 13 | 0.91 (7.57%) |
| Apr 17, 2026 | 4 | -8.09 (-66.90%) |
| Jun 18, 2026 | 12 | -0.09 (-0.70%) |
| Sep 18, 2026 | 12 | -0.09 (-0.70%) |
| Dec 18, 2026 | 13 | 0.91 (7.57%) |
| Jan 15, 2027 | 15 | 2.91 (24.12%) |