Cohu Inc. (COHU)

COHU trades at $20.9, 19.4% above the near-term max pain of $17.5 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$95), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for COHU shows a downward trend from 95 to 15, indicating bearish sentiment or hedging activity. The 242% spread signals divergent expectations across timeframes. Most levels below 20.9 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.