(PKW)

PKW trades at $130.85, 19.0% above the near-term max pain of $110 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($80-$116), signaling increased put positioning or downside protection. Key magnetic zone at 110 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PKW shows a downward trend from 116 to 80, indicating bearish sentiment or hedging activity. The 35% spread signals divergent expectations across timeframes. Most levels below 130.85 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.