CBOE: PTLC · Real-Time Price · USD
52.80
-0.18 (-0.33%)
At close: Aug 15, 2025, 3:00 PM

Max Pain By Strike

PTLC trades at $52.8, 20.0% above the near-term max pain of $44 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($44-$50), signaling increased put positioning or downside protection. Key magnetic zone at 44 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for PTLC shows a downward trend from 50 to 44, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 52.8 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
Sep 19, 2025 44 -8.80 (-16.67%)
Oct 17, 2025 50 -2.80 (-5.31%)
Dec 19, 2025 44 -8.80 (-16.67%)
Mar 20, 2026 48 -4.80 (-9.10%)