Coherent Inc. (COHR)

COHR trades at $113.62, 6.2% above the near-term max pain of $107 expiring Oct 10, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($80-$107), reflecting growing call interest at higher strikes. Key magnetic zone at 80 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for COHR shows an upward trend from 80 to 107, suggesting bullish positioning in longer-dated options. The 29% spread signals divergent expectations across timeframes. Most levels below 113.62 may cap rallies. Strong magnetic level at 80 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.