(PPH)
Max Pain By Strike
PPH trades at $88.43, 4.0% above the near-term max pain of $85 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($85-$95), signaling increased put positioning or downside protection. Key magnetic zone at 87 where 2 expirations converge.
Max Pain By Expiry
Max pain for PPH shows a downward trend from 95 to 85, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Levels distributed around 88.43. 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 | 85 | -3.43 (-3.88%) |
| Oct 17, 2025 | 87 | -1.43 (-1.62%) |
| Jan 16, 2026 | 90 | 1.57 (1.78%) |
| Apr 17, 2026 | 87 | -1.43 (-1.62%) |
| Dec 18, 2026 | 95 | 6.57 (7.43%) |