Polaris Inc. (PII)
Polaris Max Pain By Strike
PII trades at $57.52, 15.0% 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-$60), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Polaris Max Pain By Expiry
Max pain for PII shows a downward trend from 60 to 30, indicating bearish sentiment or hedging activity. The 69% spread signals divergent expectations across timeframes. Most levels below 57.52 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 | 50 | -7.52 (-13.07%) |
| Sep 19, 2025 | 45 | -12.52 (-21.77%) |
| Oct 17, 2025 | 30 | -27.52 (-47.84%) |
| Dec 19, 2025 | 50 | -7.52 (-13.07%) |
| Jan 16, 2026 | 40 | -17.52 (-30.46%) |
| Mar 20, 2026 | 60 | 2.48 (4.31%) |
| Jan 15, 2027 | 30 | -27.52 (-47.84%) |