Endava (DAVA)

DAVA trades at $9.21, 7.9% below the near-term max pain of $10 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($10-$65), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for DAVA shows a downward trend from 65 to 10, indicating bearish sentiment or hedging activity. The 256% spread signals divergent expectations across timeframes. Most levels above 9.21 could support dips. Strong magnetic level at 10 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.