Precision Drilling Corpor... (PDS)

PDS trades at $54.28, 8.6% above the near-term max pain of $50 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PDS shows a downward trend from 55 to 30, indicating bearish sentiment or hedging activity. The 55% spread signals divergent expectations across timeframes. Most levels below 54.28 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.