Anterix Inc. (ATEX)

ATEX trades at $21.43, 7.1% above the near-term max pain of $20 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$980), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ATEX shows a downward trend from 980 to 12.5, indicating bearish sentiment or hedging activity. The 616% spread signals divergent expectations across timeframes. Levels distributed around 21.43. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.