Pennant Group Inc. (PNTG)
Pennant Max Pain By Strike
PNTG trades at $24.83, 10.4% above the near-term max pain of $22.5 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Pennant Max Pain By Expiry
Max pain for PNTG shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 193% spread signals divergent expectations across timeframes. Levels distributed around 24.83. Strong magnetic level at 23 (3 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 |
|---|---|---|
| Sep 19, 2025 | 22.5 | -2.33 (-9.38%) |
| Oct 17, 2025 | 22.5 | -2.33 (-9.38%) |
| Nov 21, 2025 | 25 | 0.17 (0.68%) |
| Jan 16, 2026 | 95 | 70.17 (282.60%) |
| Feb 20, 2026 | 22.5 | -2.33 (-9.38%) |