(PYZ)
Max Pain By Strike
PYZ trades at $103.14, 45.3% above the near-term max pain of $71 expiring Sep 19, 2025 (23 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($71-$96), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for PYZ shows a downward trend from 96 to 71, indicating bearish sentiment or hedging activity. The 30% spread signals divergent expectations across timeframes. Most levels below 103.14 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 | 71 | -32.14 (-31.16%) |
Oct 17, 2025 | 96 | -7.14 (-6.92%) |
Dec 19, 2025 | 75 | -28.14 (-27.28%) |
Mar 20, 2026 | 93 | -10.14 (-9.83%) |