(PSEP)

PSEP trades at $42.09, 27.5% above the near-term max pain of $33 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($33-$39), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PSEP shows a downward trend from 39 to 33, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels below 42.09 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.