(PTNQ)

PTNQ trades at $74.54, 18.3% above the near-term max pain of $63 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($63-$72), signaling increased put positioning or downside protection. Key magnetic zone at 63 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PTNQ shows a downward trend from 72 to 63, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 74.54 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.