Axos Financial Inc. (AX)

AX trades at $85.24, 17.6% above the near-term max pain of $72.5 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$90), signaling increased put positioning or downside protection. Key magnetic zone at 88 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AX shows a downward trend from 90 to 60, indicating bearish sentiment or hedging activity. The 38% spread signals divergent expectations across timeframes. Levels distributed around 85.24. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.