(PPLT)
Max Pain By Strike
PPLT trades at $121.85, 5.0% above the near-term max pain of $116 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($115-$125), reflecting growing call interest at higher strikes. Key magnetic zone at 120 where 2 expirations converge.
Max Pain By Expiry
Max pain for PPLT shows an upward trend from 115 to 125, suggesting bullish positioning in longer-dated options. The 8% spread suggests strong consensus on fair value. Most levels below 121.85 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 | 116 | -5.85 (-4.80%) |
| Oct 17, 2025 | 125 | 3.15 (2.59%) |
| Dec 19, 2025 | 120 | -1.85 (-1.52%) |
| Jan 16, 2026 | 120 | -1.85 (-1.52%) |
| Mar 20, 2026 | 115 | -6.85 (-5.62%) |