(PXH)

PXH trades at $24.52, 22.6% above the near-term max pain of $20 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($16-$21), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PXH shows a downward trend from 21 to 16, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 24.52 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.