Par Pacific Inc. (PARR)
Par Pacific Max Pain By Strike
PARR trades at $29.98, 19.9% above the near-term max pain of $25 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Par Pacific Max Pain By Expiry
Max pain for PARR shows an upward trend from 8 to 25, suggesting bullish positioning in longer-dated options. The 90% spread signals divergent expectations across timeframes. Most levels below 29.98 may cap rallies. Strong magnetic level at 25 (3 expirations). 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 | 25 | -4.98 (-16.61%) |
Oct 17, 2025 | 15 | -14.98 (-49.97%) |
Dec 19, 2025 | 25 | -4.98 (-16.61%) |
Jan 16, 2026 | 8 | -21.98 (-73.32%) |
Mar 20, 2026 | 25 | -4.98 (-16.61%) |
Jul 17, 2026 | 15 | -14.98 (-49.97%) |