Petróleo Brasileiro S.A. ... (PBR)
Petróleo Brasileiro S.A. - Petrobras Max Pain By Strike
PBR trades at $11.84, pinned near the near-term max pain of $12 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($8-$15), signaling increased put positioning or downside protection. Key magnetic zone at 12 where 9 expirations converge.
Petróleo Brasileiro S.A. - Petrobras Max Pain By Expiry
Max pain for PBR shows a downward trend from 15 to 8, indicating bearish sentiment or hedging activity. The 56% spread signals divergent expectations across timeframes. Most levels above 11.84 could support dips. Strong magnetic level at 12 (9 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 |
|---|---|---|
| Aug 22, 2025 | 12 | 0.16 (1.39%) |
| Aug 29, 2025 | 12 | 0.16 (1.39%) |
| Sep 5, 2025 | 12 | 0.16 (1.39%) |
| Sep 12, 2025 | 12 | 0.16 (1.39%) |
| Sep 19, 2025 | 14 | 2.16 (18.29%) |
| Sep 26, 2025 | 12 | 0.16 (1.39%) |
| Oct 17, 2025 | 12 | 0.16 (1.39%) |
| Nov 21, 2025 | 13 | 1.16 (9.84%) |
| Dec 19, 2025 | 12 | 0.16 (1.39%) |
| Jan 16, 2026 | 15 | 3.16 (26.74%) |
| Mar 20, 2026 | 13 | 1.16 (9.84%) |
| Apr 17, 2026 | 8 | -3.84 (-32.40%) |
| Jun 18, 2026 | 12 | 0.16 (1.39%) |
| Sep 18, 2026 | 12 | 0.16 (1.39%) |
| Dec 18, 2026 | 13 | 1.16 (9.84%) |
| Jan 15, 2027 | 15 | 3.16 (26.74%) |