PCLN has a history of popping just before options expiration, burning those who bought puts.
I’ve closely watched the last 2 weekly expirations. Just the opposite occurred. The price was forced down, burning those who sold the puts. I believe a critical mass of fund managers have become negative on this stock and are now actively working it to the downside.
If my theory holds water, I’m guessing that we will close below 435 on Friday. There is a big break between the number of puts sold at $435 and $430. Time will tell.