PennantPark Investment Co... (PNNT)
PennantPark Investment Max Pain By Strike
PNNT trades at $7.17, 4.4% below the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 5 expirations converge.
PennantPark Investment Max Pain By Expiry
Max pain for PNNT shows a downward trend from 7.5 to 2.5, indicating bearish sentiment or hedging activity. The 75% spread signals divergent expectations across timeframes. Most levels above 7.17 could support dips. Strong magnetic level at 8 (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 |
|---|---|---|
| Aug 15, 2025 | 7.5 | 0.33 (4.68%) |
| Sep 19, 2025 | 7.5 | 0.33 (4.68%) |
| Oct 17, 2025 | 2.5 | -4.67 (-65.11%) |
| Dec 19, 2025 | 7.5 | 0.33 (4.68%) |
| Jan 16, 2026 | 7.5 | 0.33 (4.68%) |
| Mar 20, 2026 | 7.5 | 0.33 (4.68%) |