(PBE)
Max Pain By Strike
PBE trades at $68.05, 26.0% above the near-term max pain of $54 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$61), reflecting growing call interest at higher strikes. Key magnetic zone at 61 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for PBE shows an upward trend from 8 to 61, suggesting bullish positioning in longer-dated options. The 111% spread signals divergent expectations across timeframes. Most levels below 68.05 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 | 54 | -14.05 (-20.65%) |
| Oct 17, 2025 | 61 | -7.05 (-10.36%) |
| Dec 19, 2025 | 55 | -13.05 (-19.18%) |
| Jan 16, 2026 | 8 | -60.05 (-88.24%) |
| Mar 20, 2026 | 61 | -7.05 (-10.36%) |