Anterix Inc. (ATEX)

ATEX trades at $22.55, pinned near the near-term max pain of $22.5 expiring Oct 17, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$980), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 3 expirations converge.

Max pain for ATEX shows a downward trend from 980 to 12.5, indicating bearish sentiment or hedging activity. The 540% spread signals divergent expectations across timeframes. Most levels below 22.55 may cap rallies. Strong magnetic level at 23 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.