Confluent Inc. (CFLT)

CFLT trades at $20.61, 8.5% above the near-term max pain of $19 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($13-$23), indicating stable market expectations. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CFLT shows stable levels around 18.22, reflecting balanced market expectations. The 55% spread signals divergent expectations across timeframes. Most levels below 20.61 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.