Applied Materials Inc. (AMAT)

AMAT trades at $203.92, 4.6% above the near-term max pain of $195 expiring Oct 3, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($150-$195), indicating stable market expectations. Key magnetic zone at 175 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AMAT shows stable levels around 176.05, reflecting balanced market expectations. The 26% spread signals divergent expectations across timeframes. Most levels below 203.92 may cap rallies. Strong magnetic level at 175 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.