Evolent Health Inc. (EVH)

EVH trades at $8.21, 9.5% above the near-term max pain of $7.5 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$15), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EVH shows a downward trend from 15 to 7.5, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Levels distributed around 8.21. Strong magnetic level at 8 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.