Puma Biotechnology Inc. (PBYI)
Puma Biotechnology Max Pain By Strike
PBYI trades at $5, pinned near the near-term max pain of $5 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$90), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Puma Biotechnology Max Pain By Expiry
Max pain for PBYI shows a downward trend from 90 to 2.5, indicating bearish sentiment or hedging activity. The 407% spread signals divergent expectations across timeframes. Levels distributed around 5. 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 | 5 | n/a (n/a) |
| Oct 17, 2025 | 7.5 | 2.50 (50.00%) |
| Dec 19, 2025 | 2.5 | -2.50 (-50.00%) |
| Jan 16, 2026 | 90 | 85.00 (1700.00%) |
| Mar 20, 2026 | 2.5 | -2.50 (-50.00%) |