Chunghwa Telecom Co. Ltd. (CHT)

CHT trades at $43.72, 74.9% above the near-term max pain of $25 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CHT shows an upward trend from 8 to 45, suggesting bullish positioning in longer-dated options. The 127% spread signals divergent expectations across timeframes. Levels distributed around 43.72. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.