PennantPark Floating Rate... (PFLT)
PennantPark Floating Rate Capital Max Pain By Strike
PFLT trades at $10.27, 17.8% below the near-term max pain of $12.5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 3 expirations converge.
PennantPark Floating Rate Capital Max Pain By Expiry
Max pain for PFLT shows a downward trend from 12.5 to 2.5, indicating bearish sentiment or hedging activity. The 111% spread signals divergent expectations across timeframes. Most levels below 10.27 may cap rallies. Strong magnetic level at 10 (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 |
|---|---|---|
| Aug 15, 2025 | 12.5 | 2.23 (21.71%) |
| Sep 19, 2025 | 10 | -0.27 (-2.63%) |
| Oct 17, 2025 | 2.5 | -7.77 (-75.66%) |
| Nov 21, 2025 | 10 | -0.27 (-2.63%) |
| Feb 20, 2026 | 10 | -0.27 (-2.63%) |