PennantPark Investment Co... (PNNT)

PNNT trades at $6.67, 11.1% below the near-term max pain of $7.5 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PNNT shows a downward trend from 7.5 to 2.5, indicating bearish sentiment or hedging activity. The 77% spread signals divergent expectations across timeframes. Most levels above 6.67 could support dips. Strong magnetic level at 8 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.