Photronics Inc. (PLAB)
Photronics Max Pain By Strike
PLAB trades at $21.05, 5.3% above the near-term max pain of $20 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($17.5-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 3 expirations converge.
Photronics Max Pain By Expiry
Max pain for PLAB shows an upward trend from 17.5 to 20, suggesting bullish positioning in longer-dated options. The 13% spread signals divergent expectations across timeframes. Most levels below 21.05 may cap rallies. Strong magnetic level at 20 (3 expirations). 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 | 20 | -1.05 (-5.01%) |
| Oct 17, 2025 | 20 | -1.05 (-5.01%) |
| Dec 19, 2025 | 20 | -1.05 (-5.01%) |
| Mar 20, 2026 | 17.5 | -3.55 (-16.88%) |