(PZA)
Max Pain By Strike
PZA trades at $22.2, 58.6% above the near-term max pain of $14 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($14-$22), reflecting growing call interest at higher strikes. Key magnetic zone at 14 where 2 expirations converge.
Max Pain By Expiry
Max pain for PZA shows an upward trend from 14 to 22, suggesting bullish positioning in longer-dated options. The 44% spread signals divergent expectations across timeframes. Most levels below 22.2 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 | 14 | -8.20 (-36.92%) |
| Oct 17, 2025 | 22 | -0.20 (-0.88%) |
| Jan 16, 2026 | 22 | -0.20 (-0.88%) |
| Apr 17, 2026 | 14 | -8.20 (-36.92%) |