ACNB Corporation (ACNB)

ACNB trades at $44.55, 98.0% above the near-term max pain of $22.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ACNB shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 179% spread signals divergent expectations across timeframes. Most levels below 44.55 may cap rallies. Strong magnetic level at 23 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.