Banner Corporation (BANR)

BANR trades at $63.71, 6.2% above the near-term max pain of $60 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$95), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BANR shows a downward trend from 95 to 35, indicating bearish sentiment or hedging activity. The 109% spread signals divergent expectations across timeframes. Most levels below 63.71 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.