PennyMac Mortgage Investm... (PMT)
PennyMac Mortgage Investment Trust Max Pain By Strike
PMT trades at $12.6, pinned near the near-term max pain of $12.5 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$12.5), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 5 expirations converge.
PennyMac Mortgage Investment Trust Max Pain By Expiry
Max pain for PMT shows an upward trend from 7.5 to 12.5, suggesting bullish positioning in longer-dated options. The 43% spread signals divergent expectations across timeframes. Most levels below 12.6 may cap rallies. Strong magnetic level at 13 (5 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 |
|---|---|---|
| Oct 17, 2025 | 12.5 | n/a (n/a) |
| Nov 21, 2025 | 12.5 | n/a (n/a) |
| Dec 19, 2025 | 12.5 | n/a (n/a) |
| Jan 16, 2026 | 12.5 | n/a (n/a) |
| Apr 17, 2026 | 12.5 | n/a (n/a) |
| Jul 17, 2026 | 7.5 | n/a (n/a) |