Granite Construction (GVA)
Granite Construction Max Pain By Strike
GVA trades at $109.26, pinned near the near-term max pain of $110 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($55-$110), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Granite Construction Max Pain By Expiry
Max pain for GVA shows a downward trend from 110 to 55, indicating bearish sentiment or hedging activity. The 65% spread signals divergent expectations across timeframes. Most levels below 109.26 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 |
|---|---|---|
| Oct 17, 2025 | 110 | n/a (n/a) |
| Nov 21, 2025 | 55 | n/a (n/a) |
| Dec 19, 2025 | 75 | n/a (n/a) |
| Mar 20, 2026 | 100 | n/a (n/a) |