(PICK)
Max Pain By Strike
PICK trades at $41.05, 2.6% above the near-term max pain of $40 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35.81-$41), signaling increased put positioning or downside protection. Key magnetic zone at 41 where 2 expirations converge.
Max Pain By Expiry
Max pain for PICK shows a downward trend from 41 to 35.81, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 41.05 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 | 40 | -1.05 (-2.56%) |
| Oct 17, 2025 | 35.81 | -5.24 (-12.76%) |
| Jan 16, 2026 | 40.81 | -0.24 (-0.58%) |
| Apr 17, 2026 | 41 | -0.05 (-0.12%) |