(PBP)

PBP trades at $21.99, 15.7% above the near-term max pain of $19 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 17 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PBP shows an upward trend from 7 to 20, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Most levels below 21.99 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.