Potbelly Corporation (PBPB)
Potbelly Max Pain By Strike
PBPB trades at $12.94, 7.8% above the near-term max pain of $12 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($9-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Potbelly Max Pain By Expiry
Max pain for PBPB shows a downward trend from 95 to 9, indicating bearish sentiment or hedging activity. The 314% spread signals divergent expectations across timeframes. Most levels below 12.94 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 | 12 | -0.94 (-7.23%) |
| Oct 17, 2025 | 9 | -3.94 (-30.42%) |
| Jan 16, 2026 | 10 | -2.94 (-22.69%) |
| Apr 17, 2026 | 11 | -1.94 (-14.96%) |
| Dec 18, 2026 | 95 | 82.06 (634.44%) |