(PKB)

PKB trades at $92.25, 7.3% above the near-term max pain of $86 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PKB shows a downward trend from 95 to 50, indicating bearish sentiment or hedging activity. The 57% spread signals divergent expectations across timeframes. Most levels below 92.25 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.