(PIE)
Max Pain By Strike
PIE trades at $23.39, pinned near the near-term max pain of $23 expiring Sep 19, 2025 (22 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($13-$23), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for PIE shows a downward trend from 23 to 13, indicating bearish sentiment or hedging activity. The 56% spread signals divergent expectations across timeframes. Most levels below 23.39 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 | 23 | -0.39 (-1.65%) |
| Oct 17, 2025 | 13 | -10.39 (-44.41%) |
| Jan 16, 2026 | 16 | -7.39 (-31.58%) |
| Apr 17, 2026 | 20 | -3.39 (-14.48%) |