Papa John's International... (PZZA)
Papa John's International Max Pain By Strike
PZZA trades at $45.88, pinned near the near-term max pain of $45 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($25-$52.5), reflecting growing call interest at higher strikes. Key magnetic zone at 45 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Papa John's International Max Pain By Expiry
Max pain for PZZA shows an upward trend from 25 to 52.5, suggesting bullish positioning in longer-dated options. The 65% spread signals divergent expectations across timeframes. Most levels below 45.88 may cap rallies. Strong magnetic level at 45 (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 | 45 | -0.88 (-1.91%) |
| Oct 17, 2025 | 45 | -0.88 (-1.91%) |
| Jan 16, 2026 | 45 | -0.88 (-1.91%) |
| Apr 17, 2026 | 52.5 | 6.63 (14.44%) |
| Jun 18, 2026 | 42.5 | -3.38 (-7.36%) |
| Sep 18, 2026 | 25 | -20.88 (-45.50%) |
| Dec 18, 2026 | 50 | 4.13 (8.99%) |
| Jan 15, 2027 | 35 | -10.88 (-23.71%) |