Park Hotels & Resorts Inc... (PK)

PK trades at $10.96, 9.6% above the near-term max pain of $10 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$30), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PK shows a downward trend from 30 to 2.5, indicating bearish sentiment or hedging activity. The 206% spread signals divergent expectations across timeframes. Levels distributed around 10.96. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.