(PDN)

PDN trades at $40.32, 55.1% above the near-term max pain of $26 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($26-$90), signaling increased put positioning or downside protection. Key magnetic zone at 33 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PDN shows a downward trend from 90 to 26, indicating bearish sentiment or hedging activity. The 156% spread signals divergent expectations across timeframes. Most levels below 40.32 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.