(PBD)
Max Pain By Strike
PBD trades at $13.87, 73.4% above the near-term max pain of $8 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$12), reflecting growing call interest at higher strikes. Key magnetic zone at 7 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for PBD shows an upward trend from 7 to 12, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Most levels below 13.87 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 | 8 | -5.87 (-42.30%) |
| Oct 17, 2025 | 10 | -3.87 (-27.88%) |
| Nov 21, 2025 | 12 | -1.87 (-13.45%) |
| Jan 16, 2026 | 7 | -6.87 (-49.51%) |
| Feb 20, 2026 | 7 | -6.87 (-49.51%) |