Perma-Pipe International ... (PPIH)
Perma-Pipe International Max Pain By Strike
PPIH trades at $27.13, 8.5% above the near-term max pain of $25 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($12.5-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Perma-Pipe International Max Pain By Expiry
Max pain for PPIH shows an upward trend from 12.5 to 25, suggesting bullish positioning in longer-dated options. The 63% spread signals divergent expectations across timeframes. Most levels below 27.13 may cap rallies. 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 | 25 | -2.13 (-7.85%) |
| Sep 19, 2025 | 22.5 | -4.63 (-17.07%) |
| Oct 17, 2025 | 15 | -12.13 (-44.71%) |
| Dec 19, 2025 | 25 | -2.13 (-7.85%) |
| Mar 20, 2026 | 12.5 | -14.63 (-53.93%) |