(CERY)

CERY trades at $28.75, 30.7% above the near-term max pain of $22 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22-$25), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CERY shows a downward trend from 25 to 22, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 28.75 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.