Polaris Inc. (PII)
Polaris Max Pain By Strike
PII trades at $57.91, 28.7% above the near-term max pain of $45 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($30-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Polaris Max Pain By Expiry
Max pain for PII shows an upward trend from 30 to 60, suggesting bullish positioning in longer-dated options. The 63% spread signals divergent expectations across timeframes. Levels distributed around 57.91. 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 | 45 | -12.91 (-22.29%) |
| Oct 17, 2025 | 60 | 2.09 (3.61%) |
| Dec 19, 2025 | 50 | -7.91 (-13.66%) |
| Jan 16, 2026 | 40 | -17.91 (-30.93%) |
| Mar 20, 2026 | 60 | 2.09 (3.61%) |
| Jan 15, 2027 | 30 | -27.91 (-48.20%) |