Portillo's Inc. (PTLO)
Portillo's Max Pain By Strike
PTLO trades at $7.63, 4.6% below the near-term max pain of $8 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1-$10), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Portillo's Max Pain By Expiry
Max pain for PTLO shows a downward trend from 10 to 1, indicating bearish sentiment or hedging activity. The 120% spread signals divergent expectations across timeframes. Levels distributed around 7.63. 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 | 8 | 0.37 (4.78%) |
| Oct 17, 2025 | 1 | -6.63 (-86.90%) |
| Nov 21, 2025 | 9 | 1.37 (17.88%) |
| Jan 16, 2026 | 10 | 2.37 (30.98%) |
| Feb 20, 2026 | 7 | -0.63 (-8.32%) |
| Jan 15, 2027 | 10 | 2.37 (30.98%) |