ProAssurance Corporation (PRA)
ProAssurance Max Pain By Strike
PRA trades at $23.84, 6.0% above the near-term max pain of $22.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
ProAssurance Max Pain By Expiry
Max pain for PRA shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 268% spread signals divergent expectations across timeframes. Most levels below 23.84 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 | 22.5 | -1.34 (-5.60%) |
| Sep 19, 2025 | 12.5 | -11.34 (-47.56%) |
| Oct 17, 2025 | 12.5 | -11.34 (-47.56%) |
| Nov 21, 2025 | 22.5 | -1.34 (-5.60%) |
| Feb 20, 2026 | 20 | -3.84 (-16.09%) |
| Dec 18, 2026 | 95 | 71.16 (298.57%) |