Appian Corporation (APPN)

APPN trades at $30.98, 12.7% above the near-term max pain of $27.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($17.5-$35), reflecting growing call interest at higher strikes. Key magnetic zone at 30 where 3 expirations converge.

Max pain for APPN shows an upward trend from 17.5 to 35, suggesting bullish positioning in longer-dated options. The 62% spread signals divergent expectations across timeframes. Most levels below 30.98 may cap rallies. Strong magnetic level at 30 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.