Koninklijke Philips N.V. (PHG)
Koninklijke Philips Max Pain By Strike
PHG trades at $27.41, 19.2% above the near-term max pain of $23 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($19-$40), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Koninklijke Philips Max Pain By Expiry
Max pain for PHG shows a downward trend from 40 to 19, indicating bearish sentiment or hedging activity. The 79% spread signals divergent expectations across timeframes. Most levels below 27.41 may cap rallies. 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 | 23 | -4.41 (-16.09%) |
| Sep 19, 2025 | 27 | -0.41 (-1.50%) |
| Oct 17, 2025 | 25 | -2.41 (-8.79%) |
| Jan 16, 2026 | 26 | -1.41 (-5.14%) |
| Apr 17, 2026 | 19 | -8.41 (-30.68%) |
| Jun 18, 2026 | 40 | 12.59 (45.93%) |