(PGX)

PGX trades at $11.74, 6.7% above the near-term max pain of $11 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$11), reflecting growing call interest at higher strikes. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PGX shows an upward trend from 8 to 11, suggesting bullish positioning in longer-dated options. The 32% spread signals divergent expectations across timeframes. Most levels below 11.74 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.