(PFF)
Max Pain By Strike
PFF trades at $31.87, pinned near the near-term max pain of $32 expiring Sep 19, 2025 (9 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($31-$40), signaling increased put positioning or downside protection. Key magnetic zone at 31 where 3 expirations converge.
Max Pain By Expiry
Max pain for PFF shows a downward trend from 40 to 31, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Levels distributed around 31.87. Strong magnetic level at 31 (3 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 |
|---|---|---|
| Sep 19, 2025 | 32 | 0.13 (0.41%) |
| Oct 17, 2025 | 31 | -0.87 (-2.73%) |
| Jan 16, 2026 | 31 | -0.87 (-2.73%) |
| Apr 17, 2026 | 31 | -0.87 (-2.73%) |
| Jun 18, 2026 | 40 | 8.13 (25.51%) |