Invesco Dorsey Wright Hea... (PTH)

PTH trades at $44.74, 44.3% above the near-term max pain of $31 expiring Oct 17, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$31), reflecting growing call interest at higher strikes. Key magnetic zone at 31 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PTH shows an upward trend from 7 to 31, suggesting bullish positioning in longer-dated options. The 97% spread signals divergent expectations across timeframes. Most levels below 44.74 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.