Perma-Pipe International ... (PPIH)
Perma-Pipe International Max Pain By Strike
PPIH trades at $27.61, 22.7% above the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($12.5-$25), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Perma-Pipe International Max Pain By Expiry
Max pain for PPIH shows an upward trend from 12.5 to 25, suggesting bullish positioning in longer-dated options. The 67% spread signals divergent expectations across timeframes. Most levels below 27.61 may cap rallies. 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 | 22.5 | -5.11 (-18.51%) |
| Oct 17, 2025 | 15 | -12.61 (-45.67%) |
| Dec 19, 2025 | 25 | -2.61 (-9.45%) |
| Mar 20, 2026 | 12.5 | -15.11 (-54.73%) |