Chegg Inc. (CHGG)

CHGG trades at $1.58, 5.3% above the near-term max pain of $1.5 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$1.5), reflecting growing call interest at higher strikes. Key magnetic zone at 1 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CHGG shows an upward trend from 1 to 1.5, suggesting bullish positioning in longer-dated options. The 41% spread signals divergent expectations across timeframes. Most levels below 1.58 may cap rallies. Strong magnetic level at 1 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.