(PID)

PID trades at $21.39, 52.8% above the near-term max pain of $14 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($14-$18), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PID shows a downward trend from 18 to 14, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 21.39 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.