(EMBD)
Max Pain By Strike
EMBD trades at $23.54, 17.7% above the near-term max pain of $20 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($19-$21), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for EMBD shows a downward trend from 21 to 19, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 23.54 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 20 | -3.54 (-15.02%) |
| Oct 17, 2025 | 19 | -4.54 (-19.27%) |
| Jan 16, 2026 | 20 | -3.54 (-15.02%) |
| Apr 17, 2026 | 21 | -2.54 (-10.77%) |